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Business, 25.03.2021 16:40 villarrealc1987
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
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Saint Nick Enterprises has 15,900 shares of common stock outstanding at a price of $61 per share. Th...
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