9. The market price of Albertson Ltd.’s common stock is $5.50 and 100,000 shares are outstanding. The firm’s books show common equity accounts totaling

$400,000. There are 5,000 preferred shares outstanding that originally sold for their par value of $50, pay an annual dividend of $3, and are currently selling to yield an 8% return. Also, 200 bonds are outstanding that were issued 5 years ago at their $1,000 face values for 30-year terms, pay a coupon rate of 7%, and are currently selling to yield 10%. Develop Albertson’s capital structure based on both book and market values.