What is filer capital structure weight of equity on a book

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Reference no: EM132751427

The common stock of Tutors Anonymous has a share price of $53 and there are 8.6 million shares outstanding. The current book value per share is $3.

  • The company also has two bond's outstanding. The first bond issue has a face value of $67 million and sells for 93 percent of par.
  • The second bond has a face value of $59.34 million and sells for 96.5 percent of par.

Requirement

Problem (a) What is Filer's capital structure weight of equity on a book value basis? (Do not round your intermediate calculations.)

Problem (b) What is Filer's capital structure weight of debt on a book value basis? (Do not round your intermediate calculations.)

Reference no: EM132751427

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