need the second part

581 million 99 7% Consider the following company, Book Value of Debt YTM Coupon Coupon Payments Years Corporate Tax Rate # of Preferred Shares Price of Preferred Share Dividend per Preferred Shares #of Common Shares Price of Common Share B of Common Stock ||Risk-Free Rate Market Return semi-annually 10 23% 1 million S24 $ 1.43 9.5 million ||$15 10.5 12% 12% What is the market value of the debt? Enter your answer in terms of millions and rounded to 2 DECIMAL PLACES. Enter your response below. 869.92 Correct response: 53.07+0.03 million Click "Verify" to proceed to the next part of the question. What is the rate of return on the preferred stock? Enter you answer as a percentage and rounded to 2 DECIMAL PLACES. Do not include the percentage sign in your answers. Enter your response below. Number % Click "verify" to proceed to the next part of the question. Section Attempt 1 of 1 Verify