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Raymond Mining Corporation has 9 . 9 million shares of common stock outstanding, 4 3 0 , 0 0 0 shares of 6 % $
Raymond Mining Corporation has million shares of common stock outstanding, shares of $ par value preferred stock outstanding, and semiannual bonds outstanding, par value $ each. The common stock currently sells for $ per share and has a beta of the preferred stock currently sells for $ per share, and the bonds have years to maturity and sell for of par. The market risk premium is Tbills are yielding and Raymond Mining's tax rate is
a What is the firm's market value capital structure? Enter your answers in whole dollars.
tableDebtMarket valueEquity$
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