Kim's Bridal Shoppe has 12,200 shares of common stock outstanding at a price of $56 per share. It also has 315 shares of preferred stock outstanding at a price of $90 per share. There are 380 bonds outstanding that have a coupon rate of 7.5 percent paid semiannually. The bonds mature in 37 years, have a face value of $2,000, and sell at 112 percent of par. What is the capital structure weight of the common stock?
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Home » Business » Kim's Bridal Shoppe has 12,200 shares of common stock outstanding at a price of $56 per share. It also has 315 shares of preferred stock outstanding at a price of $90 per share. There are 380 bonds outstanding that have a coupon rate of 7.