1. Filer Manufacturing has 4500000 shares of common stock outstanding. The current share price is $46.21, and the book value per share is $5.59. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $60000000, has a 0.05 coupon, matures in 29 years and sells for 83 percent of par. The second issue has a face value of $79000000, has a 0.07 coupon, matures in 6 years, and sells for 95 percent of par. What is Filer's weight of equity on a market value basis? Enter the answer with 4 decimals (e.g. 0.2345)
2. Filer Manufacturing has 4800000 shares of common stock outstanding. The current share price is $74.34, and the book value per share is $6.22. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $73000000, has a 0.06 coupon, matures in 29 years and sells for 94 percent of par. The second issue has a face value of $41000000, has a 0.08 coupon, matures in 19 years, and sells for 91 percent of par. What is Filer's weight of debt on a market value basis? Enter the answer with 4 decimals (e.g. 0.2345)