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Lingenburger Cheese Corporation has 5 . 2 million shares of common stock outstanding, 2 9 6 , 0 0 0 shares of 5 . 2

Lingenburger Cheese Corporation has 5.2 million shares of common stock outstanding, 296,000 shares of 5.25 percent preferred
stock outstanding, par value of $100, and 140,0005.6 percent semiannual bonds outstanding, par value $1,000 each. The common
stock currently sells for $72.45 per share and has a beta of 1.08, the preferred stock currently sells for $103.60 per share, and the
bonds have 23 years to maturity and sell for 103.1 percent of par. The market risk premium is 6.4 percent, T-bills are yielding 2.9
percent, and the firm's tax rate is 23 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.,32.16.
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
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