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 of9 percent, and sells for 96 percent of par. The second issue has a face value of $45 million, a coupon of10 percent, and sells for 104 percent of par.

The first issue matures in 24 years, the second in 6 years -----a.What are the company's capital structure weights on a book value basis?

Equity/Value ?

Debt/Value ?

( round your answers to 4 decimal places, e.g., 32.1616.)

---b.What are the company's capital structure weights on a market value basis?

Equity/Value ?

Debt/Value ?

(round your answers to 4 decimal places, e.g., 32.1616.)

---c.Which are more relevant?

Market value weights or Book value weights