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Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It da Raymond Mining Corporation

Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It da
Raymond Mining Corporation has 8.8 million shares of common stock outstanding, 320,000 shares of 4%$100 par value preferred stock outstanding, and 149,0007.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $36 per share and has a beta of 1.40, the preferred stock currently sells for $92 per share, and the bonds have 10 years to maturity and sell for 117% of par. The market risk premium is 7.6%, T-bills are yielding 5%, and Raymond Mining's tax rate is 38%.
a. What is the firm's market value capital structure? (Enter your answers in whole dollars.)
\table[[,Market value],[Debt,$4174,330,000
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