The firm also has 34000 bonds outstanding which are selling, Financial Management

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The firm also has 34000 bonds outstanding which are selling

Suppose that Lil John Industries' equity is currently selling for $41 per share and that 2.4 million shares are outstanding. The firm also has 34,000 bonds outstanding, which are selling at 102 percent of par. What are the firm's current capital structure weights? Do not round intermediate calculations and round your final answer to 2 decimal places.)

Capital Structure Weights

Equity ______%

Debt ________%

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