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What is the weight on debt? The firm: Has 1,093 bonds outstanding which are trading at $1,028 and have a face value of $1,000 each.

What is the weight on debt?

The firm:

  • Has 1,093 bonds outstanding which are trading at $1,028 and have a face value of $1,000 each.

  • Has 31,922 shares outstanding which are trading at $65 per share.

  • Has no preferred stock outstanding.

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