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These answers are correct. I just need how to get them. The common stock of Tutors Anonymous has a share price of $50 and there
These answers are correct. I just need how to get them.
The common stock of Tutors Anonymous has a share price of $50 and there are 11.6 million shares outstanding. The current book value per share is $5. The company also has two bond's outstanding. The first bond issue has a face value of $90 million and sells for 92 percent of par. The second bond has a face value of $64.96 million and sells for 96.3 percent of par. Requirement (a)What is Filer's capital structure weight of equity on a market value basis? (Do not round your intermediate calculations.) 7.996,068,360,759,664 (b)What is Filer's capital structure weight of debt on a market value basis? (Do not round your intermediate calculations.) -7.996,068,360,759.663Step by Step Solution
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