Question: I need help with this question. Hero Manufacturing has 4 million shares of common stock outstanding. The current share price is $83 and the book

I need help with this question.I need help with this question. Hero Manufacturing has 4 million shares

Hero Manufacturing has 4 million shares of common stock outstanding. The current share price is $83 and the book value per share is $8. The company also has two bond issues outstanding, both with semiannual coupons. The first bond issue has a face value $90 million and a coupon of 6 percent and sells for 98 percent of par. The second issue has a face value of $60 million and a coupon of 7 percent and sells for 106 percent of par. The first issue matures in 21 years, the second in 3 years. 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. EquityValue Debt/Value b. EquityNalue Debt/Value

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