Problem 11.LO2.21 (similar to) EQuestion Help Bea Kerr is an analyst in the treasurer's office at MupetLabs Inc. Mr. Kerr needs your help to estimate the market value weights for MupetLabs' cost of capital MupetLabs has long-term bonds outstanding. preferred shares outstanding and common shares. Selected information for each of the securities is provided in the table below Preferred Shares Common Shares 5.1 million shares outstanding Market price of share $21 $20 million face value Coupon rate 4 5% Annual coupons Time to maturity 10 years YTM. 10% Dividend rate (annual); 1096 Equivalent preferred shares yield 11% a. What is the market value of long-term debt? b. What is the market value of preferred shares? c. What are the capital structure weights for MupetLabs Inc.? a. What is the market value of long-term debr? milion (Round to two decimal places)