Book Value of Debt YTM Coupon Coupon Payments Years Corporate Tax Rate Wol Preferred Shares Price of Preferred Share Dividend per Preferred Shares of Common Shares Price of Common Share B of Common Stock Risk-Free Rate Market Return $66 million 5% 5% semi-annually 15 33% 1 million $22 $1.3 8.5 million $18 0.7 3% 12% What is the market value of the debt? Enter your answer in terms of millions and rounded to 2 DECIMAL PLACES Enter your response below. 66 Correct response: 660.03 million Click "Verity to proceed to the next part of the question, What is the rate of return on the preferred stock? Enter you answer as a percentage and rounded to 2 DECIMAL PLACES. Do not include the percentage sign in your answers Enter your response below Number % Questi lonment Quit & Save