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The Dandy Doodle Corporation has 9.5 million shares of common stock outstanding, 390,000 shares of 5 percent preferred stock outstanding, and 205,000 8.3 percent semiannual

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The Dandy Doodle Corporation has 9.5 million shares of common stock outstanding, 390,000 shares of 5 percent preferred stock outstanding, and 205,000 8.3 percent semiannual bonds outstanding, par value $1,000 each. The Dandy Doodle Corporation's common stock currently sells for $43 per share and has a beta of 1.25, the preferred stock currently sells for $93 per share, and the bonds have 15 years to maturity and sell for 114 percent of par. The market risk premium is 8.3 percent, T-bills are yielding 4 percent, and the company's tax rate is 36 percent. a. What is the firm's market value capital structure? (Enter as a decimal, not a percentage, and round your answers to 4 decimal places, e.g., 0.1616.) Market value weight Debt Preferred stock Equity

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