Lingenburger Cheese Corporation has 6.9 million shares of common stock outstanding, 330,000 shares of 4.9 percent preferred stock outstanding, par value of $100, and 83,000 5.1 percent semiannual bonds outstanding, par value $2,000 each. The common stock currently sells for $75.00 per share and has a beta of 1.09, the preferred stock currently sells for $102.60 per share, and the bonds have 22 years to maturity and sell for 97.1 percent of par. The market risk premium is 7.3 percent, T-bills are yielding 3.1 percent, and the firm's tax rate is 25 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 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., 32.16.