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Please show all of your work for your explanation: Bonaime, Inc., has 7.6 million shares of common stock outstanding. The current share price is $62.60,

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Bonaime, Inc., has 7.6 million shares of common stock outstanding. The current share price is $62.60, and the book value per share is $5.60. The company also has two bond issues outstanding. The first bond issue has a face value of $71.6 million, a coupon rate of7.1 percent, and sells for 90 percent of par. The second issue has a face value of $36.6 million, a coupon rate of 8.1 percent, and sells for 89 percent of par. The first issue matures in 21 years, the second in 13 years.

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.)

Book value weight of equity

Book value weight of debt

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