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PolarNik [594]
3 years ago
15

Dinklage Corp. has 6 million shares of common stock outstanding. The current share price is $72, and the book value per share is

$9. The company also has two bond issues outstanding. The first bond issue has a face value of $85 million, a coupon rate of 5 percent, and sells for 97 percent of par. The second issue has a face value of $70 million, a coupon rate of 4 percent, and sells for 109 percent of par. The first issue matures in 21 years, the second in 8 years. Both bonds make semiannual coupon payments. a. What are the company's capital structure weights on a book value basis
Business
1 answer:
Yuliya22 [10]3 years ago
8 0

Answer:

7888

Explanation:

9999

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