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Lingenburger Cheese Corporation has 6 . 3 million shares of common stock outstanding, 3 1 8 , 0 0 0 shares of 4 . 6

Lingenburger Cheese Corporation has 6.3 million shares of common stock outstanding, 318,000 shares of 4.6 percent preferred stock outstanding, par value of $100, and 71,0005.7 percent semiannual bonds outstanding, par value $2,000 each. The common stock currently sells for $74.10 per share and has a beta of 1.15, the preferred stock currently sells for $101.40 per share, and the bonds have 22 years to maturity and sell for 95.9 percent of par. The market risk premium is 6.7 percent, T-bills are yielding 3.3 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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