1. Titan Mining Company has 7.5 m shares of common stock outstanding, 250,000 shares of 4.2 % preferred stock, and 140,000 bonds with a semi-annual coupon 5.1 % with a par value of $1,000 each.The common stock currently sells for $51 per share and has a beta of 1.15, the preferred stock currently sells for $103 per share, and the bonds have 15 years to maturity and sell for 107.The market risk premium is 7.5 % and T-bills are yielding 2.4% and the company's tax rate is 22%. The Company's total market value is:

a) $100,450,000

b) $350,675,000

c) $558,050,000

d) $722,350,000

2) Same facts as Question 3:Titan Mining Company has 7.5 m shares of common stock outstanding, 250,000 shares of 4.2 % preferred stock, and 140,000 bonds with a semi-annual coupon 5.1 % with a par value of $1,000 each.The common stock currently sells for $51 per share and has a beta of 1.15, the preferred stock currently sells for $103 per share, and the bonds have 15 years to maturity and sell for 107.The market risk premium is 7.5 % and T-bills are yielding 2.4% and the company's tax rate is 22%.

What is the Company's WACC?

a) 9%

b) 8.68%

c) 9.57%

d) 12.55%