What is the capital structure weight of the debt

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Question 1: Sit Sofas has 5,900 shares of common stock outstanding at a price of $82 per share. There are 670 bonds that mature in 18 years with a coupon rate of 5.6 percent paid semiannually. The bonds have a par value of $1,000 each and sell at 93.5 percent of par. The company also has 4,800 shares of preferred stock outstanding at a price of $35 per share. What is the capital structure weight of the debt?

Reference no: EM132869080

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