Erna Corp. has 9 million shares of common stock outstanding. The current share price is $88, and the book value per share is $7. Erna Corp. also has two bond issues outstanding. The first bond issue has a face value of $80 million, has a coupon of 5 percent, and sells for 98 percent of par. The second issue has a face value of $55 million, has a coupon of 6 percent, and sells for 106 percent of par. The first issue matures in 20 years, the second in 8 years.a.What are Erna’s capital structure weights on a book value basis? (Round your answer to 4 decimal places. (e.g., 32.1616)) Equity/Value Debt/Value b.What are Erna’s capital structure weights on a market value basis? (Round your answer to 4 decimal places. (e.g., 32.1616)) Equity/Value Debt/Value c.Which are more relevant, the book or market value weights?Market valueBook value