Bea Kerr is an analyst in the? treasurer's office at MupetLabs Inc. Mr. Kerr needs your help to estimate the market value weights for? MupetLabs' cost of capital. MupetLabs has? long-term bonds? outstanding, preferred shares outstanding and common shares. Selected information for each of the securities is provided in the table below.

?Long-term Debt	Preferred Shares	Common Shares
?$15 million face value	1.4 million shares outstanding	5 million shares outstanding
Coupon rate= 4?%	Face valuee=? $9 per share	Market price of share =?$31
Annual coupons	Dividend rate (annual)= 11?%
Time to maturity= 11 years	Equivalent preferred shares yield 11?%
YTM= 99?%

a.??What is the market value of? long-term debt?

b.??What is the market value of preferred? shares?

c.??What are the capital structure weights for MupetLabs? Inc.?