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Filer Manufacturing has 7 million shares of common stock outstanding. The current share price is $86, and the book value per share is $5. The

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Filer Manufacturing has 7 million shares of common stock outstanding. The current share price is $86, and the book value per share is $5. The company also has two bond issues outstanding. The first bond issue has a face value $70 million, a coupon of 9 percent, and sells for 96 face value of $45 million, a coupon of 10 percent, and sells for 104 percent of par. The first issue matures in 24 years, the second in 6 years. of par. The second issue has a 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.) Debt/ Value c. Which are more relevant? O Market value weights O Book value weights

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