Lingenburger Cheese Corporation has $5\mathrm{.}1$ million shares of common stock outstanding, $294,000$ shares of $5\mathrm{.}2$ percent preferred stock outstanding, par value of $$100,$ and $135,0005\mathrm{.}5$ percent semiannual bonds outstanding, par value $$1,000$ each. The common stock currently sells for $$72\mathrm{.}30$ per share and has a beta of $1\mathrm{.}07,$ the preferred stock currently sells for $$103\mathrm{.}40$ per share, and the bonds have $22$ years to maturity and sell for $102\mathrm{.}8$ percent of par. The market risk premium is $6\mathrm{.}3$ percent, T$-$bills are yielding $2\mathrm{.}8$ percent, and the firm$$s tax rate is $22$ 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$.,\mathrm{.}1616.$

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$.,32\mathrm{.}16.$

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