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  3. filer manufacturing has 11.1 million shares of com

Filer Manufacturing has 11.1 million shares of common stock outstanding. The current share price is...

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Accounting

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Filer Manufacturing has 11.1 million shares of common stock outstanding. The current share price is $50, and the book value per share is $4. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $93 million, has a 8 percent coupon, and sells for 94 percent of par. The second issue has a face value of $62.16 million, has a 8 percent coupon, and sells for 97.4 percent of par. The first issue matures in 11 years, the second in 6 years. Requirement 1: (a)What is Filer's capital structure weight of equity on a book value basis? (Do not round your intermediate calculations.) (Click to select) (b)What is Filer's capital structure weight of debt on a book value basis? (Do not round your intermediate calculations.) (Click to select) Requirement 2: (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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