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The Wall Company has 1 4 2 5 0 0 ordinary shares outstanding that are currently selling at R 2 8 . 6 3 .

The Wall Company has 142500 ordinary shares outstanding that are currently selling at R28.63. It has
4530 bonds outstanding that will not mature for 20 years. They were issued at a par value of R1000
paying a coupon rate of 6%. Comparable bonds now yield 9%. Walls R100 par value preferred stock
was issued at 8% and is now yielding 11%; 7,500 shares are outstanding.
Required:
Develop Walls market value based capital structure.

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