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Raymond Mining Corporation as 9.6 milion shares of common stock outstanding, 400,000 shares of $100 per value preferred stock outstanding, and 16.000 750% semiannual bonds
Raymond Mining Corporation as 9.6 milion shares of common stock outstanding, 400,000 shares of $100 per value preferred stock outstanding, and 16.000 750% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for S44 per share and has a bit of 1.20 the preferred stock currently sells for $93 per share, and the bonds have 20 years to maturity and sell for 115% of par the market is premium is 84%. Tbilis are yelding 4%, and Raymond Mining's taxis 40% What is the firm's market value capital structure? (Enter your answers in whole dollars) Dett Equity Preferred to b. Raymond Miring is evaluating a new investment project that has the same niskas the fum's typical project, what rate should the firm use to discount the project's cash flows? Do not round intermediate calculations. Enter your answer as a percentage rounded 13 decimal places Discount rate
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