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The FIN340 Company has the following capital structure: 30,000,000 shares of common stock outstanding which currently trade for $71.50 per share; 3,100,000 shares of preferred
"The FIN340 Company has the following capital structure: 30,000,000 shares of common stock outstanding which currently trade for $71.50 per share; 3,100,000 shares of preferred stock outstanding which currently trade for $66.50 per share; and 750,000 bonds outstanding which currently trade for 98% of par value (note: Par Value for each bond = $1,000) - what is the Common Stock Weighting within the company's total capital structure?" 6.7% 23.8% 76.2% 62.8% 33.3% Not Possible to Compute with the Data Provided 69.5%
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