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Homework answers / question archive / Filer Manufacturing has 7,533,244 shares of common stock outstanding

Filer Manufacturing has 7,533,244 shares of common stock outstanding

Finance

Filer Manufacturing has 7,533,244 shares of common stock outstanding. The current share price is $44.51, and the book value per share is $7.55. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $43,603,197, has a 0.07 coupon, matures in 19 years and sells for 98 percent of par. The second issue has a face value of $74,016,984, has a 0.05 coupon, matures in 18 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)

 

 

Filer Manufacturing has 9,752,580 shares of common stock outstanding. The current share price is $59.47, and the book value per share is $4.78. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $54,192,163, has a 0.08 coupon, matures in 7 years and sells for 94 percent of par. The second issue has a face value of $56,898,853, has a 0.05 coupon, matures in 8 years, and sells for 97 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)

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