Vedder, Inc., has 7 million shares of common stock outstanding. The current share price is $62.00, and the book value per share is $5.00. Vedder also has two bond issues outstanding. The first bond issue has a face value of $71 million, a coupon rate of 7 percent, and sells for 93 percent of par. The second issue has a face value of $36 million, a coupon rate of 7.5 percent, and sells for 92 percent of par. The first issue matures in 20 years, the second in 12 years.

Required:
(a)	What are the company