JJ Corporation has 10 million shares of common stock outstanding, 500,000 shares of 5 percent preferred stock outstanding, and 100,0008.0 percent semiannual bonds outstanding, par value $1,000 each (PMT=$40.0). The common stock currently sells for $20 per share and has a beta of 1.5 , the preferred stock currently sells for $50 per share, and the bonds have 15 years to maturity and currently sell for $1100. The market risk premium is 9.0 percent, T-bills are yielding 4.5 percent, and the tax rate is 33 percent. a. What is the firm's market value capital structure? The weight of cost of debt, cost of equity, cost of preferred stocks/shares, if any. (10 marks) b. What is the WACC? (10 marks)