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Titan Mining Corporation has 8.2 million shares of common stock outstanding and 260,000 4 percent semiannual bonds outstanding, par value $1,000 each. The common stock

Titan Mining Corporation has 8.2 million shares of common stock outstanding and 260,000 4 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $30 per share and has a beta of 1.1, and the bonds have 10 years to maturity and sell for 110 percent of par. The market risk premium is 7 percent, T-bills are yielding 3 percent, and the companys tax rate is 38 percent. a. What is the firm's market value capital structure? need the debt and Equity weight 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? Discount Rate:

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