Electronics galore has 950000 shares of common stock, Ask an Expert

Management Studies

Electronics Galore has 950,000 shares of common stock outstanding at a market price of $38 a share. The company also has 40,000 bonds outstanding that are quoted at 106 percent of face value. What weight should be given to the debt when the firm computes its weighted average cost of capital?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9103893

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