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Raymond Mining Corporation has 8 . 3 million shares of common stock outstanding, 2 7 0 , 0 0 0 shares of 5 % $

Raymond Mining Corporation has 8.3 million shares of common stock outstanding, 270,000 shares of 5%$100 par value preferred stock outstanding, and 139,0007.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $31 per share and has a beta of 1.15, the preferred stock currently sells for $93 per share, and the bonds have 15 years to maturity and sell for 112% of par. The market risk premium is 7.1%, T-bills are yielding 4%, and Raymond Mining's tax is 30%.
a. What is the firm's market value capital structure? (Enter your answers in whole dollars.)
\table[[,Market value],[Debt,$2155680000
Do not use financial calculator of excel.
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