Pandora Manufacturing has 8 million shares of common stock outstanding. The current share price is $80, and the book value per share is $7. The company also has two bond issues outstanding. The first bond issue has a face value of $75 million and a coupon rate of 9 percent and sells for 95 percent of par. The second issue has a face value of $45 million and a coupon rate of 10 percent and sells for 108 percent of par. The first issue matures in 24 years, the second in 7 years.
a.	What are the companys capital structure weights on a book value basis? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., .1616.)
b.	What are the companys capital structure weights on a market value basis? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., .1616.)
c.	Which are more relevant, the book or market value weights?