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Filer Manufacturing has 9.1 million shares of common stock outstanding. The current share price is $46, and the book value per share is $5. Filer
Filer Manufacturing has 9.1 million shares of common stock outstanding. The current share price is $46, and the book value per share is $5. Filer Manufacturing also has two bond issues outstanding. The firstbond issue has a face value of $74 million, has a 6 percent coupon, and sells for 96 percent of par. Thesecond issue has a face value of $56.42 million, has a 6 percent coupon, and sells for 100 percent of par.The first issue matures in 9 years, the second in 5 years. Requirement 1: What is Filer's capital structure weight of equity on a book value basis? (Do not round your intermediate calculations.) What is Filer's capital structure weight of debt on a book value basis? (Do not round your intermediate calculations.) Requirement 2: What is Filer's capital structure weight of equity on a market value basis? (Do not round your intermediate calculations.) What is Filer's capital structure weight of debt on a market value basis? (Do not round your intermediate calculations.)
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