Filer Manufacturing has 9,114,050 shares of common stock outstanding. The current share price is $62.66 , and the book value per share is $3.21. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $ 53,377,437 , has a 0.06 coupon, matures in 19 years and sells for 97 percent of par. The second issue has a face value of $ 57,197,605 , has a 0.0 6 coupon, matures in 12 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 . 2 3 4 5 )



Answer :

Other Questions