Problemsuppose that a companys equity is currently selling, Ask an Expert

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Problem:

Suppose that a company's equity is currently selling for $24.00 per share and that there are 4.80 million shares outstanding. If the firm also has 38 thousand bonds outstanding, which are selling at 105.00 percent of par,

Requirement:

Question: What are the firm's current capital structure weights for equity and debt respectively?

65.36%, 34.64%
50%, 50%
74.27%, 25.73%
22.86%, 77.14%

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91173732

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