Dani Corporation has $7$ million shares of common stock outstanding. The current share

price is $$79,$ and the book value per share is $$10.$ The company also has two bond

issues outstanding. The first bond issue has a face value of $$120$ million, a coupon rate

of $4$ percent, and sells for $92$ percent of par. The second issue has a face value of $$105$

million, a coupon rate of $3$ percent, and sells for $104$ percent of par. The first issue

matures in $22$ years, the second in $7$ 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$.,$

$\mathrm{.}1616.)$

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$.,$

$\mathrm{.}1616.)$

a$.$ Equity$/$Value

a$.$ Debt$/$Value

b$.$ Equity$/$Value

b$.$ Debt$/$Value