Titan Mining Corporation has 8.5 million shares of common stock outstanding and 250,0008 percent annual coupon bonds outstanding, par value $1,000 each. The common stock currently sells for $34 per share and has a beta of 1.20 , and the bonds have 15 years to maturity and sell for 93 percent of par. The market risk premium is 7 percent, T-bills are yielding 5 percent, and Titan Mining's tax rate is 40 percent. a. What is the firm's market value capital structure? (10 points) 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? (10 points)