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16. Finding the WACC (LO4) Raymond Mining Corporation has 8.5 mitlion shares of common stock outstanding, 250,000 shares of 5% preferred stock outstanding, and 135,0007.5%

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16. Finding the WACC (LO4) Raymond Mining Corporation has 8.5 mitlion shares of common stock outstanding, 250,000 shares of 5% preferred stock outstanding, and 135,0007.5% semiannual bonds outstanding. par value $1,000 each. The common stock currently sells for $34 per share and has a beta of 1.25 , the preferred stock currently sells for $91 per share, and the bonds have 15 years to maturity and sell for 114% of par. The market risk prentum is 7.5%. T-bils are yielding 4%. and the company's tax rate is 35% a. What is the firm's market value capial stracture

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