Saint Nick Enterprises has 17,100 shares of common stock outstanding at a price of $67...
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Saint Nick Enterprises has 17,100 shares of common stock outstanding at a price of $67 per share. The company has two bond issues outstanding. The first issue has 7 years to maturity, a par value of $1,000 per bond and sells for 98 percent of par The second issue matures in 21 years, has a par value of $2,000 per bond, ond sells for 1055 percent of par. The total face value of the first issue is $230,000, while the total face value of the second issue is $330,000 What is the capital structure weight of debt? Multiple Choice 4054 hy 2025 O 3058
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