L$$ngenburger $($ heese Corporat$$on has $6\mathrm{.}5$ mill$$on shares of common stock outstand$$ng$,\frac{3}{{?}_L},$UUU shares of $\frac{4.}{?}$ percent preterred stock

outstanding, par value of $$100,$ and $75,0005\mathrm{.}5$ percent semiannual bonds outstanding, par value $$2,000$ each. The common stock

currently sells for $$74\mathrm{.}40$ per share and has a beta of $1\mathrm{.}13,$ the preferred stock currently sells for $$101\mathrm{.}80$ per share, and the bonds have

$24$ years to maturity and sell for $96\mathrm{.}3$ percent of par. The market risk premium is $6\mathrm{.}9$ percent, T$-$bills are yielding $3\mathrm{.}5$ percent, and the

firm's tax rate is $21$ percent.

What is the firm's market value capital structure?

Note: Do not round intermediate calculations and round your answers to $4$ decimal places, e$.$g$.,,1616.$

What is the firm's cost of each form of financing?

Note: Do not round intermediate calculations and enter your answers as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

If the firm 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 and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$