Nr industries has 135000 shares of common stock outstanding, Ask an Expert

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NR Industries has 135,000 shares of common stock outstanding. The stock is currently selling for $57 the share. The firm also has 2 bond issues outstanding. The first bond issue has total face value of $300,000, pays 9.5 percent interest annually, and currently sells for 101 percent of face value. The second bond issue includes 6,000 bonds that are selling for $986 each. These bonds pay 8 percent interest annually and mature in 11 years. The tax rate is 35 percent. Find out the capital structure weight of the firm's common stock?

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Category:- Basic Finance
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