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Wriggly Ltd has 17,300 ordinary shares outstanding at a price of $68 per share. There are 101 bonds that mature in 20 years with a coupon rate of 1 percent paid semiannually. The bonds have a par value of $2,000 each and sell at 106 percent of par. The company also has 6 preferred shares outstanding at a price of $1,000 per share. What is the capital structure weight of the debt? Multiple Choice O 4106 O 2026 3388 3841

Wriggly Ltd has 17,300 ordinary shares outstanding at a price of $68 per share. There are 101 bonds that mature in 20 years with a coupon rate of 1 percent paid semiannually. The bonds have a par value of $2,000 each and sell at 106 percent of par. The company also has 6 preferred shares outstanding at a price of $1,000 per share. What is the capital structure weight of the debt? Multiple Choice O 4106 O 2026 3388 3841

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Wriggly Ltd has 17,300 ordinary shares outstanding at a price of $68 per share. There are 101 bonds that mature in 20 years with a coupon rate of 1 percent paid semiannually. The bonds have a par value of $2,000 each and sell at 106 percent of par. The company also has 6 preferred shares outstanding at a price of $1,000 per share. What is the capital structure weight of the debt? Multiple Choice O 4106 O 2026 3388 3841 <Prev 10 of 20 Next>
Transcribed Image Text:Wriggly Ltd has 17,300 ordinary shares outstanding at a price of $68 per share. There are 101 bonds that mature in 20 years with a coupon rate of 1 percent paid semiannually. The bonds have a par value of $2,000 each and sell at 106 percent of par. The company also has 6 preferred shares outstanding at a price of $1,000 per share. What is the capital structure weight of the debt? Multiple Choice O 4106 O 2026 3388 3841 <Prev 10 of 20 Next>
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