What is the percent market value of equity for this firm

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The current stock price for a company is $50 per share, and there are 5 million shares outstanding. This firm also has 210,000 bonds outstanding, which pay interest semiannually. If these bonds have a coupon interest rate of 8%, 25 years to maturity, a face value of $1,000, and a current price of 1,083.72, what is the percent market value of equity for this firm?

Reference no: EM131084232

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