Please round the discount rate to 3 decimal

Raymond Mining Corporation has 8.3 million shares of common stock outstanding, 270,000 shares of 5% $100 par value preferred stock outstanding, and 139,000 7.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $31 per share and has a beta of 1.15, the preferred stock currently sells for $93 per share, and the bonds have 15 years to maturity and sell for 112% of par. The market risk premium is 71%, T-bills are yielding 4%, and Raymond Mining's tax is 30%. a. What is the firm's market value capital structure? (Enter your answers in whole dollars.) Market value $ 1556800 Debt Equity Preferred stock $ 2511000 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