Transcribed Image Text
Dinklage Corp. has 7 million shares of common stock outstanding.The current share price is $68, and the book value per share is $8.The company also has two bond issues outstanding. The first bondissue has a face value of $70 million, a coupon rate of 6 percent,and sells for 97 percent of par. The second issue has a face valueof $40 million, a coupon rate of 6.5 percent, and sells for 108percent of par. The first issue matures in 21 years, the second in6 years. Both bonds make semiannual payments.a.What are the company's capital structure weights on a book valuebasis? (Do not round intermediate calculations and roundyour answers to 4 decimal places, e.g., .3216.)b.What are the company's capital structure weights on a marketvalue basis? (Do not round intermediate calculations andround your answers to 4 decimal places, e.g., .3216.)
Other questions asked by students
1 Vapor pressure equation for liquid zinc is given by the following expression 6676 log...
When ethanol, C2H5OH (a component in some gasoline mixtures) is burned in air, one molecule of...
Find an equation for the graph shown AMADERA Mi 9 Type the equation of the...
MY NOTES USE SALT PRACTICE ANOTHER An article included data from a survey of a...
11 Solve for x 10 5 25 45 Enter your answer as one inequality in...
Mountain Sports, Inc., is a retailer that has engaged you to assist in the preparation...
A revenue center is an organizational segment in which a manager is held accountable only...