subject
Business, 13.11.2019 05:31 wwall7

Dinklage corp. has 6 million shares of common stock outstanding. the current share price is $72, and the book value per share is $7. the company also has two bond issues outstanding. the first bond issue has a face value of $70 million, a coupon of 7 percent, and sells for 97 percent of par. the second issue has a face value of $50 million, a coupon of 8 percent, and sells for 106 percent of par. the first issue matures in 22 years, the second in 6 years.

a.
what are the company's capital structure weights on a book value basis? (do not round intermediate calculations and round your answers to 4 decimal places, e. g., 32.1616.)

equity/value
debt/value

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 02:30
Luc do purchased stocks for $6,000. he paid $4,000 in cash and borrowed $2,000 from the brokerage firm. he bought 100 shares at $60.00 per share ($6,000 total). the loan has an annual interest rate of 8 percent. six months later, luc do sold the stock for $65 per share. he paid a commission of $120 and repaid the loan. his net profit was how much? pls
Answers: 3
question
Business, 22.06.2019 02:30
Ds unlimited has the following transactions during august. august 6 purchases 58 handheld game devices on account from gamegirl, inc., for $140 each, terms 2/10, n/60. august 7 pays $340 to sure shipping for freight charges associated with the august 6 purchase. august 10 returns to gamegirl three game devices that were defective. august 14 pays the full amount due to gamegirl. august 23 sells 38 game devices purchased on august 6 for $160 each to customers on account. the total cost of the 38 game devices sold is $5,448.51. required: record the transactions of ds unlimited, assuming the company uses a perpetual inventory system. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. round your answers to 2 decimal places.)
Answers: 2
question
Business, 22.06.2019 11:00
Which ranks these careers that employers are most likely to hire from the least to the greatest?
Answers: 2
question
Business, 22.06.2019 13:30
On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?
Answers: 3
You know the right answer?
Dinklage corp. has 6 million shares of common stock outstanding. the current share price is $72, and...
Questions
question
Mathematics, 08.02.2022 01:00
question
Mathematics, 08.02.2022 01:00
question
Mathematics, 08.02.2022 01:00
question
Spanish, 08.02.2022 01:00
Questions on the website: 13722367