Raymond Mining Corporation has $9\mathrm{.}9$ million shares of common stock outstanding, $430,000$ shares of $6\%$ $$100$ par value preferred stock outstanding, and $171,0007\mathrm{.}50\%$ semiannual bonds outstanding, par value $$1,000$ each. The common stock currently sells for $$47$ per share and has a beta of $1\mathrm{.}45,$ the preferred stock currently sells for $$96$ per share, and the bonds have $20$ years to maturity and sell for $118\%$ of par. The market risk premium is $8\mathrm{.}7\%,$ T$-$bills are yielding $5\%,$ and Raymond Mining$$s tax rate is $40\%.$

a$.$ What is the firm$$s market value capital structure? $($Enter your answers in whole dollars.$)$

Market value

Debt $

Equity $

Preferred stock $

b$.$ If Raymond Mining is evaluating a new investment project that has the same risk as the firm$$s typical project, what rate should the firm use to discount the project$$s cash flows? $($Do not round intermediate calculations. Enter your answer as a percentage rounded to $3$ decimal places.$)$

Discount rate

$\%$