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Author Question: Watson's Automotive has a $400,000 bond issue outstanding that is selling at 102 percent of face ... (Read 108 times)

leo leo

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on: Apr 25, 2021
Watson's Automotive has a $400,000 bond issue outstanding that is selling at 102 percent of face value. Watson's also has 4,500 shares of preferred stock and 21,000 shares of common stock outstanding. The preferred stock has a market price of $44 a share compared to a price of $21 a share for the common stock. What is the weight of the debt as it relates to the firm's weighted average cost of capital? Round answer to nearest percent.
◦ 38 percent
◦ 39 percent
◦ 40 percent
◦ 41 percent
◦ 42 percent
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Marked as best answer by leo leo on Apr 25, 2021

Eazy416

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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leo leo

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

bassamabas

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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