The company has the following components of its capital structure: DEBT: 22,750 bonds outstanding with a 6.5% coupon rate, paid annually. Each bond has $1,000 par value with a 30-year stated maturity, and were issued five years ago. The bonds currently sell for 85% of par in the market. PREFERRED STOCK: There are 29,400 shares of preferred stock outstanding. The shares sell for $82.31 in the market. They pay an annual cash dividend of $8.85 per share. COMMON STOCK: There are 355,000 shares of common stock outstanding. The shares sell for $83.25 in the market and pay an annual cash dividend of $2.35 per share. The stock has a beta of 1.53. >>> The company has a corporate tax rate of 30%. The expected return of the Market; that is, the S&P500 is 10.12% per year. T-bills are expected to return 3.58% per year. Q20: What's the weight of debt in the capital structure? Select one: a. 30% to 40% b. 40% to 50% c. 10% to 20% d. 70 to 80% e. 0% to 10% f. 80% to 90% g. 20% to 30% h. 90% to 100% i. 60% to 70% j. 50% to 60% Q21: What's the weight of preferred stock in the capital structure? Select one: a. 20% to 30% b. 40% to 50% c. 60% to 70% d. 80% to 90% e. 30% to 40% f. 0% 10% g. 70% to 80% h. 50% to 60% i. 90% to 100% j. 10% to 20%