Question: Please solve the problem utilizing Microsoft Excel and showcase the formulas used to get the answers. Thank you! Titan Mining Corporation has 9.3 million shares

Please solve the problem utilizing Microsoft Excel and showcase the formulas used to get the answers. Thank you!

Titan Mining Corporation has 9.3 million shares of common stock outstanding and 260,000 6.8 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $34 per share and has a beta of 1.20 , and the bonds have 20 years to maturity and sell for 104 percent of par. The market risk premium is 7 percent, T-bills are yielding 3.5 percent, and Titan Mining's tax rate is 35 percent. What is the firm's market value capital structure? If Titan 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

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