What is filers capital structure weight of equity on a book


Filer Manufacturing has 9.1 million shares of common stock outstanding. The current share price is $54, 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 $77 million, has a 9 percent coupon, and sells for 93 percent of par. The second issue has a face value of $59.15 million, has a 9 percent coupon, and sells for 96.8 percent of par. The first issue matures in 11 years, the second in 6 years.

a) What is Filer's capital structure weight of equity on a book value basis? (Do not round your intermediate calculations.)

b) What is Filer's capital structure weight of debt on a book value basis? (Do not round your intermediate calculations.)

c) What is Filer's capital structure weight of equity on a market value basis? (Do not round your intermediate calculations.) d) What is Filer's capital structure weight of debt on a market value basis? (Do not round your intermediate calculations.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is filers capital structure weight of equity on a book
Reference No:- TGS02862128

Expected delivery within 24 Hours