Filer Manufacturing has 7,034,720 shares of common stock outstanding. The current share price is $65.32, and...

Filer Manufacturing has 7,034,720 shares of common stock outstanding. The current share price is $65.32, and the book value per share is $3.05. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $79,113,079, has a 0.07 coupon, matures in 12 years and sells for 81 percent of par. The second issue has a face value of $62,515,482, has a 0.08 coupon, matures in 9 years, and sells for 84 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)

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jeff jeffy answered 2 years ago

Filer Manufacturing has 4100000 shares of common stock outstanding. The current share price is $55.99, and...

Filer Manufacturing has 4100000 shares of common stock outstanding. The current share price is $55.99, and the book value per share is $5.70. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $70000000, has a 0.05 coupon, matures in 10 years and sells for 83 percent of par. The second issue has a face value of $65000000, has a 0.06 coupon, matures in 20 years, and sells for 92 percent of par....

Filer Manufacturing has 4500000 shares of common stock outstanding. The current share price is $69.11, and...

Filer Manufacturing has 4500000 shares of common stock outstanding. The current share price is $69.11, and the book value per share is $9.62. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $53000000, has a 0.05 coupon, matures in 10 years and sells for 83 percent of par. The second issue has a face value of $58000000, has a 0.06 coupon, matures in 20 years, and sells for 92 percent of par....

Filer Manufacturing has 9000000 shares of common stock outstanding. The current share price is $24.47, and...

Filer Manufacturing has 9000000 shares of common stock outstanding. The current share price is $24.47, and the book value per share is $4.76. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $50000000, has a 0.05 coupon, matures in 10 years and sells for 83 percent of par. The second issue has a face value of $73000000, has a 0.06 coupon, matures in 20 years, and sells for 92 percent of par....

Filer Manufacturing has 5200000 shares of common stock outstanding. The current share price is $34.62, and...

Filer Manufacturing has 5200000 shares of common stock outstanding. The current share price is $34.62, and the book value per share is $9.96. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $57000000, has a 0.05 coupon, matures in 10 years and sells for 83 percent of par. The second issue has a face value of $61000000, has a 0.06 coupon, matures in 20 years, and sells for 92 percent of par....

Filer Manufacturing has 5,090,729 shares of common stock outstanding. The current share price is $34.05, and...

Filer Manufacturing has 5,090,729 shares of common stock outstanding. The current share price is $34.05, and the book value per share is $5.1. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $40,617,370, has a 0.05 coupon, matures in 10 years and sells for 83 percent of par. The second issue has a face value of $62,370,359, has a 0.06 coupon, matures in 20 years, and sells for 92 percent of par....

Filer Manufacturing has 9,781,556 shares of common stock outstanding. The current share price is $42.39, and...

Filer Manufacturing has 9,781,556 shares of common stock outstanding. The current share price is $42.39, and the book value per share is $9.09. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $58,819,081, has a 0.05 coupon, matures in 10 years and sells for 83 percent of par. The second issue has a face value of $75,900,893, has a 0.06 coupon, matures in 20 years, and sells for 92 percent of par....

Filer Manufacturing has 7267875 shares of common stock outstanding. The current share price is $32.39, and...

Filer Manufacturing has 7267875 shares of common stock outstanding. The current share price is $32.39, and the book value per share is $7.24. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $47531801, has a 0.05 coupon, matures in 10 years and sells for 83 percent of par. The second issue has a face value of $59428034, has a 0.06 coupon, matures in 20 years, and sells for 92 percent of par....

Filer Manufacturing has 8598242 shares of common stock outstanding. The current share price is $22.72, and...

Filer Manufacturing has 8598242 shares of common stock outstanding. The current share price is $22.72, and the book value per share is $7.24. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $58911674, has a 0.05 coupon, matures in 10 years and sells for 83 percent of par. The second issue has a face value of $53842405, has a 0.06 coupon, matures in 20 years, and sells for 92 percent of par....

Filer Manufacturing has 7 million shares of common stock outstanding. The current share price is $86,...

Filer Manufacturing has 7 million shares of common stock outstanding. The current share price is $86, and the book value per share is $5. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $70 million, has a 9 percent coupon, and sells for 96 percent of par. The second issue has a face value of $45 million, has a 10 percent coupon, and sells for 104 percent of par. The first issue...

Filer Manufacturing has 5 million shares of common stock outstanding. The current share price is $84,...

Filer Manufacturing has 5 million shares of common stock outstanding. The current share price is $84, and the book value per share is $7. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $60 million, has a 7 percent coupon, and sells for 94 percent of par. The second issue has a face value of $35 million, has a 8 percent coupon, and sells for 107 percent of par. The first issue...

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