Book Value versus Market Value [LO3]Filer Manufacturing has 11 million shares of equity outstanding. The current share price is 68, and the book value per share is 6. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of 70 million, has a 7% coupon, and sells for 93% of par. The second issue has a face value of 55 million, has an 8% coupon, and sells for 104% of par. The first issue matures in 21 years, the second in 6 years.

(a) What are Filers capital structure weights on a book value basis?

(b) What are Filers capital structure weights on a market value basis?