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Business, 24.07.2020 22:01 bri9263

Empire Plumbing Supply has 100,000 shares of common stock outstanding at a price of $37 a share. It also has 6,000 shares of preferred stock outstanding at a price of $30 a share. There are 5,000 bonds outstanding that have a semiannual coupon payment of $25. The bonds mature in four years, have a face value of $1,000, and sell at 110 percent of par. What is the capital structure weight of the common stock?

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Empire Plumbing Supply has 100,000 shares of common stock outstanding at a price of $37 a share. It...
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