Dinklage Corp. has $4$ million shares of common stock outstanding. The current share

price is $$70,$ and the book value per share is $$5.$ The company also has two bond issues

outstanding. The first bond issue has a face value of $$60$ million, a coupon of $5$ percent,

and sells for $95$ percent of par. The second issue has a face value of $$40$ million, a

coupon of $6$ percent, and sells for $104$ percent of par. The first issue matures in $20$ years,

the second in $4$ years.

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$.,$

$32\mathrm{.}1616.)$

Equity$/$Value

Debt$/$Value

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$.,$

$32\mathrm{.}1616.)$

Equity$/$Value

Debt$/$Value