Titan Mining Corporation has 7.4 million shares of common stock outstanding, 270,0 shares of 4.6 percent preferred stock outstanding, and 155,000 bonds with a semiann coupon rate of 5.5 percent outstanding, par value $2,000 each. The common sto currently sells for $63 per share and has a beta of 1.05, the preferred stock has a value of $100 and currently sells for $93 per share, and the bonds have 17 years maturity and sell for 107 percent of par. The market risk premium is 7.3 percent, T-bill are yielding 3.3 percent, and the company's tax rate is 23 percent. a. What is the firm's market value capital structure? (Do not round intermediat calculations and round your answers to 4 decimal places, e.g., 1616.) b. If the company 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? (Do not round intermediate calculations enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) a Debt Preferred stock Equity Discount rate b. %