Dani Corporation has $4$ million shares of common stock outstanding. The current share price is $$70$ and the book value per share is $$5.$ The company also has two bond issues outstanding, both with semiannual coupons. The first bond issue has a face value $$60$ million, a coupon of $5$ percent, and sells for $95$ percent of par. The second issue has a face value of $$40$ million, a coupon of $6$ percent, and sells for $104$ percent of par. The first issue matures in $20$ years, the second in $4$ 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 $4$ decimal places, e$.$g$.,\mathrm{.}1616.)$

b$.$ What are the company's capital structure weights on a market value basis? $($Do not round intermediate calculations and round your answers to $4$ decimal places, e$.$g$.,\mathrm{.}1616.)$

c$.$

Which are more relevant?

multiple choice

Market value weights

Book value weights