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If a firm has a capital structure of $37m and $10m preferred stock, how much common...

If a firm has a capital structure of $37m and $10m preferred stock, how much common stock much it have if the total capital structure consists of $124m of securities?

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Answer #1

We see that common stock is given as equal to=Securities-Debt-Preferred Stock=124-37-10
=77 million

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