Filer Manufacturing has 9.1 million shares of common stock outstanding. The current share price is $46, and the book value per share is $6. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $67 million, has a 8 percent coupon, and sells for 93 percent of par. The second issue has a face value of $61.88 million, has a 8 percent coupon, and sells for 97 percent of par. The first issue matures in 10 years, the second in 7 years.

Requirement 1: (a) What is Filer's capital structure weight of equity on a book value basis? (Do not round your intermediate calculations.)

(b) What is Filer's capital structure weight of debt on a book value basis? (Do not round your intermediate calculations.)

Requirement 2: (a) What is Filer's capital structure weight of equity on a market value basis? (Do not round your intermediate calculations.)

(b) What is Filer's capital structure weight of debt on a market value basis?