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Boca Traders has 55,000 shares of common stock outstanding with a beta of 1.40 and a market price of $33 a share. The 10.000 shares

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Boca Traders has 55,000 shares of common stock outstanding with a beta of 1.40 and a market price of $33 a share. The 10.000 shares of preferred stock outstanding with a market value of $89 a share. The company pays $7.00 dividends annua per share of preferred stock. The company has 3,000 bonds outstanding that mature in 20 years. These bonds pay 8.0 percen Semlarnual coupon payments have a face value of $1,000, and are selling for $970. The market risk premium is 80 percent T- bills are yielding 28 percent and the tax rate is 21 percent What is the total market value of the firm V!? $5,615.000 O $5.705.000 55725,000 E815.000

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