Lingenburger Cheese Corporation has 6.6 million shares of common stock outstanding, 235,000 shares of 3.9 percent preferred stock outstanding. par value of $100; and 120,000 bonds with a semiannual coupon rate of 5.6 percent outstanding. par value $1,000 each. The common stock currently sells for $70 per share and has a beta of 1.10 , the preferred stock has a par value of $100 and currently 5 ells for $86 per share, and the bonds have 15 years to maturity and sell for 104 percent of par, The market risk premium is 7.4 percent, T-bills are yielding 3.4 percent, and the company's tax rate is 21 percent. a. 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. b. If the company 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 enter your answer as a percent rounded to 2 decimal places, e.g., 32.16