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Question (0) Pandora Manufacturing has 7 million shares of common stock outstanding. The current share price is $79, and the book value per share is

Question (0) Pandora Manufacturing has 7 million shares of common stock outstanding. The current share price is $79, and the book value per share is $6. The company also has two bond issues outstanding. The first bond issue has a face value of $70 million and a coupon rate of 8 percent and sells for 94 percent of par. The second issue has a face value of $40 million and a coupon rate of 9 percent and sells for 107 percent of par. The first issue matures in 23 years, the second in 6 years.

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.)

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