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Filer Manufacturing has 6100000 shares of common stock outstanding. The current share price is $23.26, and the book value per share is $9. Filer...

Filer Manufacturing has 6100000 shares of common stock outstanding. The current share price is $23.26, and the book value per share is $9.86. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $74000000, has a 0.05 coupon, matures in 10 years and sells for 83 percent of par. The second issue has a face value of $52000000, has a 0.06 coupon, matures in 20 years, and sells for 92 percent of par.

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