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Raymond Mining Corporation has 9 . 3 million shares of common stock outstanding, 3 7 0 , 0 0 0 shares of 6 % $

Raymond Mining Corporation has 9.3 million shares of common stock outstanding, 370,000 shares of 6%$100 par value preferred stock outstanding, and 159,0007.50% semlannual bonds outstanding, par value $1,000 each. The common stock currently sells for $41 per share and has a beta of 1.15, the preferred stock currently sells for $97 per share, and the bonds have 20 years to maturity and sell
a. What is the firm's market value capital strinti.... answers In whole dollars.)
Mining is evaluating a new inves
firm use to discount the project's a new investment project that has the same risk as the firm's typlcal project, what rate should the 103 decimal places.)
Discount rate % answers In whole dollars
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