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J&R Corporation has 8.8 million shares of common stock outstanding and 320,000 4 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently

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J&R Corporation has 8.8 million shares of common stock outstanding and 320,000 4 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $36 per share and has a beta of 14, and the bonds have 10 years to maturity and sell for 117 percent of par. The market risk premium is 76 percent, T-bills are yielding 5 percent, and the company's tax rate is 38 percent What is the firm's market value capital structure? (Do not round Intermediate calculations and round your answers to 4 decimal places, e.... 321616.) Market value Debt Equity

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