Sunstrand Incorporated has [x] million shares of common stoc…
Sunstrand Incorporated has million shares of common stock priced at $116, million shares of preferred stock priced at $50 and million bonds priced at $1075. What is the weight of common stock in Sunstrand’s capital structure? (Express your answer as a percentage to two decimal places, 12.34 percent would be 12.34, for example.)