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Regions, Inc. has 6.1 million shares of common stock outstanding. The current share price is $61.10, and the book value por share is $4.1. Regions

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Regions, Inc. has 6.1 million shares of common stock outstanding. The current share price is $61.10, and the book value por share is $4.1. Regions also has two bond issues outstanding. The first bond issue has a face value of $70.1 million, a 7.1 percent coupon, and solls for 97.5 percent of par. The second issue has a face value of $35.1 million, a 6.6 percent coupon, and sells for 96.5 percent of par The first issue matures in 21 years, the second in 13 years. Required: (a) What are the company's capital structure weights on a book value basis? Market value weight of equity: Market value weight of debt: (b) What are the company's capital structure weights on a market value basis? Market value weight of equity: 0.2823 Market value weight of debt: (c) Which are more relevant, the book or market value weights

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