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Book Value versus Market Value 1 answer below » Problem 12-12 Book Value versus Market Value [LO 4] Regions, Inc., has 6.9 million shares of common stock outstanding. The current share price is $61.90, and the book value per share is $4.9.
Regions also has two bond issues outstanding. The first bond issue has a face value of $70.9 million, a 7.4 percent coupon, and sells for
93.5 percent of par. The second issue has a face value of $35.9 million, a 7.4 percent coupon, and sells for 92.5 percent of par. The first
issue matures in 18 years, the second in 10 years. View complete question » Required: (a) Problem 12-12 Book Value versus Market Value [LO 4] Regions, Inc., has 6.9 million shares of common stock outstanding. The current share price is $61.90, and the book value per share is $4.9.
Regions also has two bond issues outstanding. The first bond issue has a face value of $70.9 million, a 7.4 percent coupon, and sells for
93.5 percent of par. The second issue has a face value of $35.9 million, a 7.4 percent coupon, and sells for 92.5 percent of par. The first
issue matures in 18 years, the second in 10 years. Required: (a) What are the company%u2019s capital structure weights on a book value basis? (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%u2019s capital structure weights on a market value basis? (Round your answers to 4
decimal places (e.g., 32.1616).) Market value weight of equity Market value weight of debt View less » Jan 17 2014 07:12 PM
