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Business, 07.05.2021 02:00 notsobright10

11,400 shares of common stock outstanding at a price of $48 per share, It has also issued 300 bonds with a coupon rate of 6.7 percent paid semiannually, and 275 shares of preferred stock that sells a price of $90 per share The bonds mature in 29 years, have a Par value of $1,000, and sell at 108 percent of par. What is the capital structure weight of the common stock

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