Hello. I need to find the market values of debt and equity for a company. The company is fictitious, so I cannot pull up any real market data for it. I have the book value of stockholder's equity as $36,231, and I know that the Debt to Equity Ratio is 60.4%.

How can I extract the market value of debt and the market value of equity based on that information?

D/E = 0.604

D/36,231 = 0.604
D = 0.604 * 36,231