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Raymond Mining Corporation has 8 . 7 million shares of common stock outstanding, 3 1 0 , 0 0 0 shares of 6 % $

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Raymond Mining Corporation has 8.7 million shares of common stock outstanding, 310,000 shares of 6%$100 par value preferred stock outstanding, and 147,0007.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $35 per share and has a beta of 1.35, the preferred stock currently sells for $91 per share, and the bonds have 20 years to maturity and sell for 116% of par. The market risk premium is 7.5%, T-bills are yielding 5%, and Raymond Mining's tax rate is 30%.
a. What is the firm's market value capital structure? (Enter your answers in whole dollars.)
\table[[,Market value],[Debt,$
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