Bombardier Inc. has the following capital structure based on market values: debt 58%.common equity 35%, and preferred equity 10% The company has preferred stock currently trading at $23 per share and paying a dividend of $2.75 per share. The firm's beta is 0.93, the risk-free rate is 3.2%, and the market risk premium is 7% The firm has $12 billion book value of debt with a 5% coupon rate. The debt pays annual coupons and matures in six years. It is currently trading at 100% of par value