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Business, 20.12.2019 01:31 pleasedontspamme

Saint nick enterprises has 17,500 shares of common stock outstanding at a price of $69 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 101.5 percent of par. the second issue matures in 21 years, has a par value of $2,000 per bond, and sells for 106.5 percent of par. the total face value of the first issue is $250,000, while the total face value of the second issue is $350,000. what is the capital structure weight of debt?

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