The following information relates to Carlton Car Enterprises Ltd. (referred to as Carlton): Carlton has 30,000 bonds outstanding with a face value and price of $1000 each, which have 10 years to maturity and pay an-annual 6% coupon. The yield on the bonds is 6% p.a. Carltons marginal corporate tax rate is 30%. Carlton has 5 million preference shares on issue, which are currently trading for $5.00 each, giving a total market value of $25