A 16.Subject:- finance Filer Manufacturing has 4,276,257 shares of common stock outstanding. The current share price is $67.44, and the book value per shareis $9.04. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $44,176,753, has a 0.07coupon, matures in 28 years and sells for 84 percent of par. The second issue has a face value of $73,625,530, has a 0.09 coupon,matures in 12 years, and sells for 89 percent of par. What is Filer's weight of equity on a market value basis? Enter the answer with 4decimals (e.g. 0.2345)

Value of equity refers to the value of the company which is also known as market capitalization.…

Answered: Filer Manufacturing has 4,276,257…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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