Aragats Corporation has $6\mathrm{.}3$ million shares of common stock outstanding, $220,000$ shares of $3\mathrm{.}6$ percent preferred stock outstanding, par value of $\backslash (\backslash$$ $100\backslash ),$ and $105,000$ bonds with a semiannual coupon rate of $5\mathrm{.}3$ percent outstanding, par value $\backslash (\backslash$$ $1,000\backslash )$ each. The common stock currently sells for $\backslash (\backslash$$ $73\backslash )$ per share and has a beta of $1\mathrm{.}15,$ the preferred stock currently sells for $\backslash (\backslash$$ $83\backslash )$ per share, and the bonds have $17$ years to maturity and sell for $107$ percent of par. The market risk premium is $7\mathrm{.}1$ percent, T$-$bills are yielding $3\mathrm{.}1$ percent, and the company's tax rate is $23$ percent.

a$.$ What is the firm's market value capital structure?

Note: Do not round intermediate calculations and round your answers to $4$ decimal places, e$.$g$.,\mathrm{.}1616.$

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?

Note: Do not round intermediate calculations enter your answer as a percent rounded to $\backslash (\backslash$mathbf$\{2\}\backslash )$ decimal places, e$.$g$.,32\mathrm{.}16.$