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enburger Cheese Corporation has 7 . 1 million shares of common stock outstanding, 2 5 5 , 0 0 0 shares of 4 . 3

enburger Cheese Corporation has 7.1 million shares of common stock outstanding, 255,000 shares of 4.3 percent preferred stock anding, par value of $100; and 140,000 bonds with a semiannual coupon rate of 5.6 percent outstanding, par value $1,000 each. common stock currently sells for $66 per share and has a beta of 1110, the preferred stock has a par value of $100 and currently for $90 per share, and the bonds have 19 years to maturity and sell for 108 percent of par. The market risk premium is 7.6 percent, Is are yielding 2.9 percent, and the company's tax rate is 25 percent.
What are the firm's market value capital structure weights?
Note: Do not round intermediate calculations and round your answers to 4 decimal places, e.g.,1616.
If the company is evaluating a new investment project that has the same risk as the firm's typical project, what rate should the firm use to discount the project's cash flows?
Note: Do not round intermediate calculations enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
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