Panyam Company$$s capital structure in terms of market value is:

Debt: Rs$.30$ million

Equity: Rs$.60$ million.

The company plans to maintain this market$-$value capital structure.

The company has a plan to invest Rs$.15$ million next year. This will

be financed as follows.

Retained Earnings: Rs$.5$ million

Additional Equity: Rs$.5$ million

Debt: Rs$.5$ million