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Filer Manufacturing has 1 1 million shares of common stock outstanding. The current share price is $ 6 8 , and the book value per

Filer Manufacturing has 11 million shares of common stock outstanding. The current share price is $68, and the book value per shares is $6. Filer Manufacturing also has two bond issues outstanding . The first bond issue has a face value of $ 70 million has a 7 percent coupon and sells for 93% of par. The second issue has a face value of $55 million , has an 8% coupon, and sells for 104 percent of par. The first issues matures in 21 years, the second in 6 years.
a) What are filer's capital structure weight in book value basis?
b) What are filer's capital structure weight on a market value basis?
c) What is more relevent the book value or market value weights

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