Titan Mining Corporation has 16.28 million shares of common stock outstanding and 220,000 7.5 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $33 per share and has a beta of 1.25, and the bonds have 16 years to maturity and sell for 93 percent of par. The market risk premium is 9 percent, T-bills are yielding 4.5 percent, and Titan Mining's tax rate is 34 percent

A) What is the firm's market value capital structure?

-Market value weight of debt____________Round to 4 decimal places

-Market value weight of equity__________Round to 4 decimal places

B) If Titan mining is evaluating a new investment project that has the same risk as the firm's typical project, what rate should the firm use to discount the project's cash flows?

WACC__________% Round to 2 decimal places