Filer Manufacturing has 6,786,996 shares of common stock outstanding. The current share price is $48.36, and the book value per share is $6.69. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $63,091,923, has a 0.07 coupon, matures in 9 years and sells for 90 percent of par. The second issue has a face value of $77,151,159, has a 0.07 coupon, matures in 25 years, and sells for 84 percent of par. What is Filer's weight of debt on a market value basis? Enter the answer with 4 decimals (e.g. 0.2345)
SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE
ANSWER : 0.2703
Filer Manufacturing has 6,786,996 shares of common stock outstanding. The current share price is $48.36, and...
Filer Manufacturing has 4,372,396 shares of common stock outstanding. The current share price is $63.96, and the book value per share is $3.69. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $55,719,562, has a 0.07 coupon, matures in 7 years and sells for 80 percent of par. The second issue has a face value of $48,080,635, has a 0.07 coupon, matures in 18 years, and sells for 97 percent of par....
Filer Manufacturing has 5,655,989 shares of common stock outstanding. The current share price is $47.15, and the book value per share is $9.37. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $69,465,289, has a 0.08 coupon, matures in 29 years and sells for 86 percent of par. The second issue has a face value of $51,536,013, has a 0.07 coupon, matures in 14 years, and sells for 92 percent of par....
Filer Manufacturing has 6,044,800 shares of common stock outstanding. The current share price is $48.08, and the book value per share is $6.39. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $47,943,371, has a 0.06 coupon, matures in 5 years and sells for 83 percent of par. The second issue has a face value of $74,392,701, has a 0.07 coupon, matures in 27 years, and sells for 94 percent of par....
Filer Manufacturing has 7,105,197 shares of common stock outstanding. The current share price is $56.54, and the book value per share is $5.94. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $46,413,504, has a 0.05 coupon, matures in 20 years and sells for 97 percent of par. The second issue has a face value of $59,214,703, has a 0.08 coupon, matures in 7 years, and sells for 90 percent of par....
Filer Manufacturing has 7,988,280 shares of common stock outstanding. The current share price is $62.8, and the book value per share is $4.45. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $75,174,939, has a 0.05 coupon, matures in 22 years and sells for 93 percent of par. The second issue has a face value of $70,123,988, has a 0.09 coupon, matures in 7 years, and sells for 86 percent of par....
Filer Manufacturing has 7,564,715 shares of common stock outstanding. The current share price is $69.53, and the book value per share is $6.93. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $53,930,032, has a 0.08 coupon, matures in 27 years and sells for 94 percent of par. The second issue has a face value of $45,888,556, has a 0.09 coupon, matures in 8 years, and sells for 93 percent of par....
Filer Manufacturing has 9,404,869 shares of common stock outstanding. The current share price is $42.47, and the book value per share is $4.65. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $49,730,426, has a 0.08 coupon, matures in 27 years and sells for 97 percent of par. The second issue has a face value of $68,173,795, has a 0.05 coupon, matures in 18 years, and sells for 97 percent of par....
Filer Manufacturing has 9,893,589 shares of common stock outstanding. The current share price is $21.81, and the book value per share is $7.9. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $67,593,513, has a 0.08 coupon, matures in 6 years and sells for 89 percent of par. The second issue has a face value of $41,607,683, has a 0.06 coupon, matures in 26 years, and sells for 92 percent of par....
1.) Filer Manufacturing has 8,449,444 shares of common stock outstanding. The current share price is $21.19, and the book value per share is $6.06. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $47,540,393, has a 0.08 coupon, matures in 15 years and sells for 90 percent of par. The second issue has a face value of $50,860,334, has a 0.05 coupon, matures in 6 years, and sells for 86 percent of...
Filer Manufacturing has 9,242,591 shares of common stock outstanding. The current share price is $29.47, and the book value per share is $4.66. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $47,395,176, has a 0.06 coupon, matures in 6 years and sells for 94 percent of par. The second issue has a face value of $61,863,276, has a 0.05 coupon, matures in 25 years, and sells for 81 percent of par....