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3) (6 pts) Given the following information about Company Z, calculate the percentage of assets financed with debt, preferred stock and common stock. Debt: 6,000

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3) (6 pts) Given the following information about Company Z, calculate the percentage of assets financed with debt, preferred stock and common stock. Debt: 6,000 Bonds outstanding with a 6% coupon, $1.000 par value. 18 years to maturity, selling for $920; the bonds make semiannual coupon payments Common stock: 170.000 shares outstanding, selling for S80.5 per share: Preferred stock 30,000 shares of 5.75 percent preferred stock outstanding, currently selling for $94 per share. a) What is the market value of the assets for company Z? Market Value of Assets =$ b) What percentage of the assets is financed with debt? %Debt c) What percentage of the assets is financed with preferred stock? % Preferred Stock d) What percentage of the assets is financed with Common stock? % Common Stock =

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