Question: Saved Help Save & Ex chapter 14 Titan Mining Corporation has 8.5 million shares of common stock outstanding, 290,000 shares of 4 percent preferred stock

 Saved Help Save & Ex chapter 14 Titan Mining Corporation has

Saved Help Save & Ex chapter 14 Titan Mining Corporation has 8.5 million shares of common stock outstanding, 290,000 shares of 4 percent preferred stock outstanding, and 155,000 7.3 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $33 per share and has a beta of 1.25, the preferred stock currently sells for $83 per share, and the bonds have 10 years to maturity and sell for 114 percent of par. The market risk um is 73 percent, T-bills are yielding 6 percent, and the company's tax rate is 38 percent. a. What is the firm's market value capital structure? (Do nt round intermediate calculations. Round your answers to 4 decimal places, e.g., 32.1616.) Market value weight Debt Preferred stock Equity b.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 flows? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Discount rate , . % MacBook Pro

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