Dani Corporation has 7 million shares.of.common stock outstanding. The current share price is $79, and the...

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Dani Corporation has 7 million shares.of.common stock outstanding. The current share price is $79, and the book value per share is $10. The company also has two bond issues outstanding The first bond issue has a face value of $120 million, a coupon rate of 4 percent, and sells for 92 percent of par. The second issue has a face value of $105 million, a coupon rate of 3 percent, and sells for 104 percent of par. The first issue matures in 22 years, the second in 7 years. Both bonds make semiannual coupon payments. a.What are the company's capital structure weights on a book value basis? (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? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., 1616.) a. Equity/Value a. Debt/Value 553.0000 219.6000 b. Equity/Value b. Debt/Value 70.0000 225.0000 Dani Corporation has 7 million shares.of.common stock outstanding. The current share price is $79, and the book value per share is $10. The company also has two bond issues outstanding The first bond issue has a face value of $120 million, a coupon rate of 4 percent, and sells for 92 percent of par. The second issue has a face value of $105 million, a coupon rate of 3 percent, and sells for 104 percent of par. The first issue matures in 22 years, the second in 7 years. Both bonds make semiannual coupon payments. a.What are the company's capital structure weights on a book value basis? (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? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., 1616.) a. Equity/Value a. Debt/Value 553.0000 219.6000 b. Equity/Value b. Debt/Value 70.0000 225.0000

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