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The FIN340 Company has the following capital structure: 37,500,000 shares of common stock outstanding which currently trade for $22.60 per share; 1,700,000 shares of preferred
"The FIN340 Company has the following capital structure: 37,500,000 shares of common stock outstanding which currently trade for $22.60 per share; 1,700,000 shares of preferred stock outstanding which currently trade for $14.85 per share; and 465,000 bonds outstanding which currently trade for 93% of par value (note: Par Value for each bond = $1,000) - what is the Common Stock Weighting within the company's total capital structure?"
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