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Filer Manufacturing has 6 million shares of common stock outstanding. The current share price is $72, and the book value per shore is $7. Filter

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Filer Manufacturing has 6 million shares of common stock outstanding. The current share price is $72, and the book value per shore is $7. Filter Manufacturing also has two bond issues outstanding. The first bond issue has a face value of 570 million and a 7 percent coupon and sells for 97 percent of par. The second issue has a face value of 550 million and a 8 percent coupon and sells for 106 percent of par. The first issue matures in 6 years, the second in 22 years. a. What are Filer's capital structure weights on a book value basis? (Do not round intermediate calculations, Round the final answers to 4 decimal places.) Equity / W100 Deht Valve b. What are Filer's capital structure weights on a market value basis? (Do not round Intermediate calculations. Round the final answers to 4 decimal places.) Equity Value Debt Valo c. Which are more relevant? Market value Book Value

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