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TransAmerica Inc. has 11,600 shares of common stock outstanding at a price of $50 per share. It also has 285 shares of preferred stock outstanding
TransAmerica Inc. has 11,600 shares of common stock outstanding at a price of $50 per share. It also has 285 shares of preferred stock outstanding at a price of $92 per share. There are 320 bonds outstanding that have a coupon rate of 6.9 percent paid semiannually. The bonds mature in 31 years, have a face value of $2,000, and sell at 109 percent of par. What is the capital structure weight of the common stock?
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