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Dani Corporation has 5 . 5 million shares of common stock outstanding. The current share price is $ 8 3 , and the book value

Dani Corporation has 5.5 million shares of common stock outstanding. The current share
price is $83, and the book value per share is $5. The company also has two bond issues
outstanding. The first bond issue has a face value of $80 million, a coupon rate of 5.5
percent, and sells for 109 percent of par. The second issue has a face value of $45
million, a coupon rate of 5.8 percent, and sells for 108 percent of par. The first issue
matures in 21 years, the second in 6 years. Both bonds make semiannual coupon
payments.
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.,
.3216.)
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.,
.3216.)
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