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The common stock of Tutors Anonymous has a share price of $59 and there are 11.6 million shares outstanding. The current book value per share
The common stock of Tutors Anonymous has a share price of $59 and there are 11.6 million shares outstanding. The current book value per share is $5. The company also has two bond's outstanding. The first bond issue has a face value of $104 million and sells for 96 percent of par. The second bond has a face value of $70.76 million and sells for 99.9 percent of par. Requirement (a)What is Filer's capital structure weight of equity on a market value basis? (Do not round your intermediate calculations.) (Click to select) (b)What is Filer's capital structure weight of debt on a market value basis? (Do not round your intermediate calculations.) (Click to select)
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