Suppose that a company's equity is currently selling for $28.50 per share and that there are 4.8 million shares outstanding. If the firm also has 28.0 thousand bonds outstanding, which are selling at 101.0 percent of par, what are the firm's current capital structure weights for equity and debt respectively?
Given an 8% interest rate compute the year 7 future value if deposit of $1500 and $2500 are made in years 2 and 3 respectively and a withdrawal of $2000 is made in year 5.