Erna Corp. has 9 million shares of common stock outstanding. The current share price is $81, and the book value per share is $8. Erna Corp. also has two bond issues outstanding. The first bond issue has a face value of $80 million, has a coupon of 10 percent, and sells for 96 percent of par. The second issue has a face value of $50 million, has a coupon of 11 percent, and sells for 104 percent of par. The first issue matures in 25 years, the second in 8 years.

a.	What are Ernas capital structure weights on a book value basis? (Round your answer to 4 decimal places. (e.g., 32.1616))

Equity/Value
Debt/Value

b.	What are Ernas capital structure weights on a market value basis? (Round your answer to 4 decimal places. (e.g., 32.1616))

Equity/Value
Debt/Value