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Dinklage Corporation has 1 0 . 1 million shares of common stock outstanding. The current share price is $ 5 5 , and the book

Dinklage Corporation has 10.1 million shares of common stock outstanding. The current share price is $55, and the book value per share is $3. The company also has two bond issues outstanding. The first bond issue has a face value of $84 million, has a 7 percent coupon, and sells for 96 percent of par. The second issue has a face value of $64.64 million, has a 7 percent coupon, and sells for 100.2 percent of par. The first issue matures in 11 years, the second in 6 years.

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