Dinklage Corp. has 6 million shares of common stock outstanding. The current share price is $84, and the book value per share is $5. The company also has two bond issues outstanding. The first bond issue has a face value of $145 million, a coupon rate of 5 percent, and sells for 95 percent of par. The second issue has a face value of $130 million, a coupon rate of 4 percent, and sells for 107 percent of par. The first issue matures in 24 years, the second in 9 years. Both bonds make semiannual coupon payments a. What are the company's capital structure weights on a book value basis? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g. .1616.)
b. What are the company's capital structure weights on a market value basis? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g. 1616.)
c. Which are more relevant, the book or market value weights?

(a). Book value of equity is (6,000,000 * $5) = $30,000,000

Book value of debts ($145,000,000 + $130,000,000) = $275,000,000

Total book value of the corporation ($30,000,000 + $275,000,000) = $305,000,000

Weight equity ($30,000,000 / $305,000,000) = 0.0984

Weight debts ($275000000 / $305000000) = 0.9016

Equity / Value =   0.0984

Debt / Value     =  0.9016

(b). Market value of equity is (6,000,000 * $84) = $504,000,000

Market value of debts ($145,000,000 * 0.95) + ($130,000,000 * 1.07)

= ($137,750,000 + $139,100,000)

= $276,850,000

Total market value of the corporation ($504,000,000 + $276,850,000) = $780,850,000

Weight equity ($504,000,000 / $780,850,000) = 0.6455

Weight debts ($276850000 / $780850000) = 0.3545

Equity / Value   =  0.6455

Debt / Value      = 0.3545

(C). Answer is Market value  . As we know that market value weights are more relevant because such weights are on the basis of the prevailing market prices, hence such weights will show more accurate picture of the capital structure.

f(7) = -4

Step-by-step explanation:

f(7) means f(x) when x = 7. The x is replaced with 7.  

So we'll replace every x with 7 to go from x = 7 to 3 - x = 3 - 7 = -4  

Put in another way:

f(x) = 3 - x

f(7) = 3 - 7

f(7) = -4