A corporation has 10,000 bonds outstanding with a 6% annual coupon rate, 8 years to maturity, a S1,000 face value, and a $1,100 market price. MV of debt is The company's 100,000 shares of preferred stock pay a $3 annual dividend, and sell for $30 per share. Market value of preferred shares is The company's 500,000 shares of common stock sell for S25 per share and have a beta of 1.5. The market risk premium is 8% and risk free rate is 4%