Problem 12-8 Book Value versus Market Value Filer Manufacturing has 6 million shares of common stock outstanding. The current share price is $78, and the book value per share is $5. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $65 milion and a coupon rate of 7 percent and sells for 98 percent of par. The second issue has a face value of $35 million and a coupon rate of 8 percent and sells for 106 percent of par. The first issue matures in 22 years, the second in 5 years. a. What are the company's capital structure weights on a book value basis? (Do not ook round intermediate calculations. Round your answers to 4 decimal places (e.g. 32.1616).) Hint Equity Value Debt/Value Files b. What are the company's capital structure weights on a market value basis? (Do not round intermediate calculetions. Round your enswers to 4 decimal places (e.g.. 32.1616).) Ask Print Equity/Value Debt/Value c. Which are more relevant, the book or market value weights? O Market value Book value