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Lingenburger Cheese Corporation has 5 . 8 million shares of common stock outstanding, 3 0 8 , 0 0 0 shares of 4 . 3

Lingenburger Cheese Corporation has 5.8 million shares of common stock outstanding, 308,000 shares of 4.35 percent preferred stock outstanding, par value of $100, and 170,0005.2 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $73.35 per share and has a beta of 1.14, the preferred stock currently sells for $104.80 per share, and the bonds have 23 years to maturity and sell for 104.2 percent of par. The market risk premium is 6.2 percent, T-bills are yielding 2.7 percent, and the firms tax rate is 24 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 firms typical project, what rate should the firm use to discount the projects cash flows?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.

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