Filer Manufacturing 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 $60 million, a coupon of5 percent, and sells for 95 percent of par. The second issue has a face value of $40 million, a coupon of6 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., 32.1616.)

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., 32.1616.)

Equity / Value
Debt / Value

c.	Which are more relevant?
	Market value weights Book value weights