Business, 24.12.2019 00:31 jacxirylopez
Saint nick enterprises has 20,100 shares of common stock outstanding at a price of $82 per share. the company has two bond issues outstanding. the first issue has 11 years to maturity, a par value of $2000 per bond, and sells for 98 percent of par. the second issue matures in 25 years, has a par value of $1000 per bond, and sells for 94 percent of par. the total face value of the first issue is $380,000, while the total face value of the second issue is $480,000. what is the capital structure weight of debt?
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Saint nick enterprises has 20,100 shares of common stock outstanding at a price of $82 per share. th...
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