Question: please do it on paper with formulas and use a scientific calc as I do not have a financial one this is how far I've

Raymond Mining Corporation has 9.3 million shares of common stock outstanding, 370,000 shares of 6%$100 par value preferred stock outstanding, and 159,0007.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $41 per share and has a beta of 1.15 , the preferred stock currently sells for $97 per share, and the bonds have 20 years to maturity and sell for 112% of par. The market risk premium is 8.1%, T-bills are yielding 4%, and Raymond Mining's tax is 40%. a. What is the firm's market value capital structure? (Enter your answers in whole dollars.) b. If Raymond Mining is evaluating a new investment project that has the same risk as the firm's typical project, what rate should the firm use to discount the project's cash flows? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 3 decimal places.) Discount rate % total rauthe =9,300,00041pershureerice =381,300,000 cost of common stock = hisk free tate + betr X marluet 4+(8.11.15)=13.315% Rish premin Pefered Stock 370,00097=35,890,000 Ay4Ger dividest = earcmine Arefetes 1/ par value Preferes 100+6=6 cost of prefed 5 toch = Aymuul dividen)/(ament uulhe 697=6.185 B042s semi a4u4al conpou =1000(7.5/2)=37.5 N is =(202)=40 V=1000112%=1120
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