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Business, 25.11.2021 08:20 Ycdi

Further From Center has 10,600 shares of common stock outstanding at a price of $40 per share. It also has 235 shares of preferred stock outstanding at a price of $91 per share. There are 560 bonds outstanding that have a coupon rate of 5.9 percent paid semiannually. The bonds mature in 21 years, have a face value of $1,000, and sell at 95 percent of par. What is the capital structure weight of the preferred stock?

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Further From Center has 10,600 shares of common stock outstanding at a price of $40 per share. It al...
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