Problem 12-18 Calculating Capital Structure Weights [LO 3] Ace Industrial Machines issued 143,000 zero coupon bonds four years ago. The bonds have a par value of $1,000 and originally had 30 years to maturity with a yield to maturity of 7.3 percent. Interest rates have recently increased, and the bonds now have a yield to maturity of 8.4 percent. What is the dollar price of the bonds? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Bond price S 17,561,830.00 What is the market value of the company's debt? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.) Market value If the company has a $45.8 million market value of equity, what weight should it use for debt when calculating the cost of capital? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 1616.) Weight of debt 27.7200