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Vedder, Inc., has 5 million shares of common stock outstanding.The current share price is $73, and the book value per share is $9.Vedder also has two bond issues outstanding. The first bond issuehas a face value of $60 million, a coupon rate of 7 percent, andsells for 98 percent of par. The second issue has a face value of$40 million, a coupon rate of 6.5 percent, and sells for 97 percentof par. The first issue matures in 20 years, the second in 12years. Required: (a) What are the company’s capital structureweights on a book value basis? (Do not round intermediatecalculations. Round your answers to 4 decimal places (e.g.,32.1616).) Book value weight of equity Book value weight of debt(b) What are the company’s capital structure weights on a marketvalue basis? (Do not round intermediate calculations. Round youranswers to 4 decimal places (e.g., 32.1616).) Market value weightof equity Market value weight of debt