2. The current market price of Imagination Ltd.'s common shares is $5.50 and 100,000 shares are outstanding. There are 5,000 preferred shares outstanding that originally sold for their par value of $50 and pay an annual dividend of $3 and are currently selling to yield a 5% return. Also, 200 bonds are outstanding. The bonds were issued ten years ago at their $1,000 face or par value for a 25 year term. The bonds pay a coupon rate of 7% and are currently selling to yield 6%. Find the current market value of: a) Debt (Bonds) b) Preferred Shares c) Common Shares (6 points) (3 points) (1 point)