Business, 29.04.2021 21:30 acaciacoats
Saint Nick Enterprises has 16,500 shares of common stock outstanding at a price of $64 per share. The company has two bond issues outstanding. The first issue has 10 years to maturity, a par value of $1,000 per bond, and sells for 96.5 percent of par. The second issue matures in 24 years, has a par value of $2,000 per bond, and sells for 104 percent of par. The total face value of the first issue is $200,000, while the total face value of the second issue is $300,000. What is the capital structure weight of debt
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Saint Nick Enterprises has 16,500 shares of common stock outstanding at a price of $64 per share. Th...
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