Question: please help on the second part and show work! thank you Hulk&lron Metals Corporation has 8.1 million shares of common stock outstanding and 150,000 5.8

please help on the second part and show work! thank you

Hulk&lron Metals Corporation has 8.1 million shares of common stock outstanding and 150,000 5.8 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $41 per share and has a beta of 1.08. The bonds have 20 years to maturity and sell for 104 percent of par. The market risk premium is 7 percent, T-bill are yielding 3.1 percent, and tax rate is 23 percent. (1) What is firms market value capital structure? (10 pts) (2) If the company 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 flow (15 pts)

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