Question
Raymond Mining Corporation has 9.4 of common stock outstanding, 380,000 shares of 4% $100 preferred stock outstanding, and 161.000 % semiannual bonds outstanding, par value
Raymond Mining Corporation has 9.4 of common stock outstanding, 380,000 shares of 4% $100 preferred stock outstanding, and 161.000 % semiannual bonds outstanding, par value $1.000 each. The common stock currently sells for $42 per and has a , the preferred stock currently sells for $91 per share, and the bonds have 10 years to maturity and sell for of parThe morket premium 8.2%. Tibits 3%, ond Raymond Mining's tax 35% a. What is the firm's market value capital structure ? (Enter your answers in whole Preferred stock 394800 345800 . Raymond Mining evaluating a new investment project that has the same tisk as firm's typical project, should the to discount the project's cash (not found calculations Enter your answer as a percentage rounded to 3 decimal places . Discount
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