Saint Nick Enterprises has 15,900 shares of common stock outstanding at a price of $61 per share. The company has


Saint Nick Enterprises has 15,900 shares of common stock outstanding at a price of $61 per share. The company has two bond issues outstanding. The first issue has9 years to maturity, a par value of $1,000 per bond, and sells for95 percent of par. The second issue matures in 23 years, has a par value of $2,000 per bond, and sells for 102.5 percent of par. The total face value of the first issue is $170,000, while the total face value of the second issue is $270,000. What is the capital structure weight of debt


Leave a Reply

Your email address will not be published.