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Veetek Enterprises has 9.8 million shares of common stock outstanding. The current share price is $35, and the book value per share is $12. Veetek
Veetek Enterprises has 9.8 million shares of common stock outstanding. The current share price is $35, and the book value per share is $12. Veetek also has two bond issues outstanding. The first bond issue has a face value of $100 million, has an 8 percent coupon, and sells for 94 percent of par. The second issue has a face value of $50 million, has a 7 percent coupon, and sells for 96 percent of par. The first issue matures in 13 years, the second in 8 years. What are Veetek's capital structure weights on a book value basis? . b. What are Veetek's capital structure weights on a market value basis
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