Question: Problem 1 4 - 1 6 Finding the WACC ( LO 4 ) Raymond Mining Corporation has 9 . 9 million shares of common stock
Problem Finding the WACC LO
Raymond Mining Corporation has million shares of common stock outstanding, shares of par value preferred stock outstanding, and semiannual bonds outstanding, par value $ each. The common stock currently sells for $ per share and has a beta of the preferred stock currently sells for $ per share, and the bonds have years to maturity and sell for of par. The market risk premium is Tbills are yielding and Raymond Mining's tax rate is
a What is the firm's market value capital structure? Enter your answers in whole dollars.
tableDebtMarket valueEquity$
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