Vedder, Inc., has 5 million shares of common stock outstanding. The current share price is exist73, and the book value per share is exist9. Vedder also has two bond issues outstanding. The first bond issue has a face value of exist60 million, a coupon rate of 7 percent, and sells for 98 percent of par. The second issue has a face value of exist40 million, a coupon rate of 6.5 percent, and sells for 97 percent of par. The first issue matures in 20 years, the second in 12 years. Required:(a) What are the company's capital structure weights on a book value basis? (Do not round intermediate calculations. Round your answers to 4 decimal places (e.g., 32.1616).) Book value weight of equity 0.3103 Book value weight of debt 0.6897 (b) What are the company's capital structure weights on a market value basis? (Do not round intermediate calculations. Round your answers to 4 decimal places (e.g., 32.1616). Market value weight of equity _____ Market value weight of debt ______ (c) Which are more relevant, the book or market value weights