Book Value versus Market Value $[$LO$3]$ Dinklage Corp. has $8$ million shares of common stock outstanding. The current share price is $$73,$ and the book value per share is $$7.$ The company also has two bond issues outstanding. The first bond issue has a face value of $$85$ million, has a $7$ percent coupon, and sells for $97$ percent of par. The second issue has a face value of $$50$ million, has an $8$ percent coupon, and sells for $108$ percent of par. The first issue matures in $21$ years, the second in $6$ years.

a$.$What are the company$$s capital structure weights on a book value basis?

b$.$ What are the company$$s capital structure weights on a market value basis? c$.$ Which are more relevant, the book or market value weights? Why?