Tech Solutions Corp has the following financial information: Total market value of company's stock: $900 million Total market value of company's debt: $300 million What is the weighted average of the company's debt? A. 15.25% B. 25.00% C. 33.33% D. 75.00% E. 85.50%
Tech Solutions Corp has the following financial information: Total market value of company's stock: $900 million Total market value of company's debt: $300 million What is the weighted average of the company's debt? A. 15.25% B. 25.00% C. 33.33% D. 75.00% E. 85.50%
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 1STP
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Transcribed Image Text:Tech Solutions Corp has the following financial information:
Total market value of company's stock: $900 million Total market
value of company's debt: $300 million
What is the weighted average of the company's debt?
A. 15.25%
B. 25.00%
C. 33.33%
D. 75.00%
E. 85.50%
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