Problem 12-11 Book Value versus Market Value (L04] Masterson, Inc., has 4 million shares of common stock outstanding. The current share price is $76, 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 $105 milion, has a coupon rate of percent, and sells for 95 percent of par. The second issue has a face value of $90 million, has a coupon rate of 4 percent, and sells for 107 percent of pat. The first Issue matures in 25 years, the second in 8 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.. .1616.) c. Which are more relevant, the book or market value weights? Equity Value Debt/Value b. Equity Value Debt/Value c. More relevant