What is equity value and debt value on a market value basis

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Dinklage Corp. 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 bind issues outstanding. The first bond issue has a face value of $90 million, a coupon of 6 percent, and sells for 98 percent of par. The second issue has a face value of $60 million, a coupon of 7 percent, and sells for 106 percent of par. The first issue matures in 21 years, the second in 3 years. What is the equity value and debt value on a book value basis? What is the equity value and debt value on a market value basis? Please round answers to 4 decimal places. Please show steps.

Reference no: EM13922164

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