Dinklage Corp. has 10.6 million shares of common stock outstanding. The current share price is $59, and the book value per share is $6. The company also has two bond issues outstanding. The first bond issue has a face value of $81 million, has a 7 percent coupon, and sells for 92 percent of par. The second issue has a face value of $58.3 million, has a 7 percent coupon, and sells for 95.1 percent of par. The first issue matures in 10 years, the second in 6 years.
1. What is the company's capital structure weight of equity on a book value basis?
2. What is the company's capital structure weight of debt on a book value basis?
3. What is the company's capital structure weight of equity on a market value basis?
4. What is the company's capital structure weight of debt on a market value basis?
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