not use excel please 3. Tempest Manufacturing has 8 million...

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Finance

not use excel please
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3. Tempest Manufacturing has 8 million shares of common stock outstanding. The current share price is $73, and the book value per share is $7. Tempest Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $85 million and a 7% coupon, and sells for 97% of par. The second issue has a face value of $50 million, has an 8% coupon, and sells for 108% of par. The first issue matures in 21 years, the second in six years. a. What are the company's capital structure weights on a book value basis? Equity-Value Debt-Value b. What are the company's capital structure weights on a market value basis? Equity-Value Debt-Value c. Which are more relevant, the book or market value weights

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