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Use the following information to answer the next 4 questions. Jumanji Corp. has 1 2 0 , 0 0 0 preferred shares which currently sell

Use the following information to answer the next 4 questions.
Jumanji Corp. has 120,000 preferred shares which currently sell for $91 each and pay an annual dividend of $6.80. They also have 220,000 common shares which sell for $55.25 per share and they just paid an annual dividend of $2.30 per share. The common share dividends are expected to grow by 4.10% each year in perpetuity. Jumanji has 11,000 bonds with a face value of $1,000 each. The bonds pay 6.10% annual coupon and will mature in 30 years and currently sell at 102% of face value. The company's tax rate is 36%.
Question 42: What proportion of the firm's assets are financed with common equity?
a)33.3%
b)30.2%
c)33.8%
d)35.44%
e)34.67%
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