What is the weight of the debt

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Creation Landscaping has 1,000 bonds outstanding that are selling for $1,280 each. The company also has 2,000 shares of preferred stock outstanding, currently priced at $27.20 a share. The common stock is priced at $37.00 a share and there are 28,000 shares outstanding. What is the weight of the debt as it relates to the firm's weighted average cost of capital?

Reference no: EM132724347

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