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Dani Corporation has 6 million shares of common stock outstanding. The current share price is $ 7 2 , and the book value per share

Dani Corporation has 6 million shares of common stock outstanding. The current share price is $72, and the book value per share is $7. The company also has two bond issues outstanding. The first bond issue has a face value of $70 million, a coupon rate of 7 percent, and sells for 97 percent of par. The second issue has a face value of $50 million, a coupon rate of 8 percent, and sells for 106 percent of par. The first issue matures in 22 years, the second in 6 years.
What are the companys capital structure weights on a book value basis?
Note: Do not round intermediate calculations and round your answers to 4 decimal places, e.g.,.1616.
What are the companys capital structure weights on a market value basis?
Note: Do not round intermediate calculations and round your answers to 4 decimal places, e.g.,.1616.
Which are more relevant, the book or market value weights?

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