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Reti of 9 percent and sells for 95 percent of par. The second issue has a face value of $45 million and a coupon rate

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Reti 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 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.) Equity/Value Debt/Value b. What are the company's capital structure weights on a market value basis? (Do not round Intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.) Equity Value Debt/Value 15.770 c. Which are more relevant, the book or market value weights? Market value Reti 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 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.) Equity/Value Debt/Value b. What are the company's capital structure weights on a market value basis? (Do not round Intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.) Equity Value Debt/Value 15.770 c. Which are more relevant, the book or market value weights? Market value

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