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Dani Corporation has 7 million shares of common stock outstanding. The current share price is $ 7 9 , and the book value per share

Dani Corporation has 7 million shares of common stock outstanding. The current share price is $79, and the book value per share is $6. The company also has two bond issues outstanding. The first bond issue has a face value of $70 million, a coupon rate of 8 percent, and sells for 94 percent of par. The second issue has a face value of $40 million, a coupon rate of 9 percent, and sells for 107 percent of par. The first issue matures in 23 years, the second in 6 years.
a. What are the company's 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.
b. What are the company's 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.
c. Which are more relevant, the book or market value weights?
\table[[a. Equity/Value,],[Debt/Value,],[b. Equity/Nalue,],[Debt/Value,vdots
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