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Dani Corporation has $7$ million shares of common stock outstanding. The current share price is $$86,$ and the book value per share is $$5.$ The company also has two bond issues outstanding. The first bond issue has a face value of $$70$ million, a coupon rate of $9$ percent, and sells for $96$ percent of par. The second issue has a face value of $$45$ million, a coupon rate of $10$ percent, and sells for $104$ percent of par. The first issue matures in $24$ years, the second in $6$ years.

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

Note: Do not round intermediate calculations and round your answers to $4$ decimal places, e$.$g$.,1616.$

b$.$ What are the company's capital structure weights on a market value basis?

Note: Do not round intermediate calculations and round your answers to $4$ decimal places, e$.$g$.,1616.$

c$.$ Which are more relevant, the book or market value weights?

$\backslash$table$[[$a$.$ Equity$/$Nalue$,],[$Debt$/$Nalue$,],[$b$.$ EquityNalue,$],[$DebtNalue$,],[$c$.$ More relevant,Market value$]]$

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