Question
Syrinx Industries, a maker of musical equipment, has 1 million shares of common stock outstanding and 19,220 bonds. Suppose the common shares are selling for
Syrinx Industries, a maker of musical equipment, has 1 million shares of common stock outstanding and 19,220 bonds. Suppose the common shares are selling for $32.15 per share and the bonds are selling for $1,080 each. What would be the weight used for equity in the computation of Syrinxs WACC?
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Renewable Energy Finance Funding The Future Of Energy
Authors: Charles W Donovan
2nd Edition
1786348594, 9781786348593
