8 percent. The tax rate is 35 pereent onat Book Value versus Market Value. Regions, Inc., has 6 million shares of common stock outstanding. The current share price is $61, and the book value per share is $4. Regions also has two bond issues outstanding. The first bond issue has a face value of $70 million, a 7 percent coupon, and sells for 98 percent of par. The second issue has a face value of $35 million, a 6.5 percent coupon, and sells for 97 percent of par. The first issue matures in 20 years, the second in 12 years. a. What are the company's capital structure weights on a book value basis? b. What are the company's capital structure weights on a market value basis? c. Which are more relevant, the book or market value weights? Why? LO 4 unnose the most recent dividend was