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Dani Corporation has 4 million shares of common stock outstanding. The current share price is $ 7 6 and the book value per share is
Dani Corporation has million shares of common stock outstanding. The current share price is $ and the book value per share is $ The company also has two bond issues outstanding, both with semiannual coupons. The first bond issue has a face value $ million, a coupon of percent, and sells for percent of par. The second issue has a face value of $ million, a coupon of percent, and sells for percent of par. The first issue matures in years, the second in years.
a
What are the company's capital structure weights on a book value basis? Do not round intermediate calculations and round your answers to decimal places, eg
b What are the company's capital structure weights on a market value basis? Do not round intermediate calculations and round your answers to decimal places, eg
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