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Danl Corporation has 7 million shares of common stock outstanding. The current share price is $67, and the book value per share is $6. The

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Danl Corporation has 7 million shares of common stock outstanding. The current share price is \$67, 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 $60 million, a coupon rate of 7 percent, and sells for 92 percent of par. The second issue has a face value of $45 million, a coupon rate of 6 percent, and sells for 104 percent of par. The first issue matures in 22 years, the second in 7 years. Both bonds make semlannual coupon payments. a. What are the company's capital structure weights on a book value basis? (Do not round intermedlate calculations and round your answers to 4 decimal places, e.g. 1616.) b. What are the company's capital structure welghts on a market value basis? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g.. 1616.) (x) Answer is complete but not entirely correct

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