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Titan Mining Corporation has 8.5 million shares of common stock outstanding, 250.000 shares of $5 dividend preferred stock outstanding, and 135,0007.5% semiannual bonds outstanding, with

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Titan Mining Corporation has 8.5 million shares of common stock outstanding, 250.000 shares of $5 dividend preferred stock outstanding, and 135,0007.5% semiannual bonds outstanding, with a par value of $1,000 each. The common stock currently sells for $34 per share and has a beta of 1.25, the prefered stock for $91 per share, and the bonds have 15 years to maturity and sell for 114% of par. The market return is 11.5%, and T bills are yielding 4%. Titan Mining tax rate is 35% Market proportion of debt Market proportion of preferred stock Market proportion of equity Market value of the firm Rate that should be used to discount project's cash flows

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