What is the firm's cost of each form of financing?

Note: Do not round intermediate calculations and enter your answers as a percent rounded to $2$ decimal places, e$.$g$.,$

$32\mathrm{.}16.$

If the firm 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?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Weighted average cost of capitalLingenburger Cheese Corporation has $5\mathrm{.}5$ million shares of common stock outstanding, $302,000$ shares of $4\mathrm{.}2$ percent preferred stock outstanding, par value of $$100,$ and $155,0005\mathrm{.}5$ percent semiannual bonds outstanding, par value $$1,000$ each. The common stock currently sells for $$72\mathrm{.}90$ per share and has a beta of $1\mathrm{.}11,$ the preferred stock currently sells for $$104\mathrm{.}20$ per share, and the bonds have $20$ years to maturity and sell for $103\mathrm{.}6$ percent of par. The market risk premium is $6\mathrm{.}7$ percent, T$-$bills are yielding $3\mathrm{.}3$ percent, and the firm$$s tax rate is $21$ percent. Lingenburger Cheese Corporation has $5\mathrm{.}5$ million shares of common stock outstanding, $302,000$ shares of $4\mathrm{.}2$ percent

preferred stock outstanding, par value of $$100,$ and $155,0005\mathrm{.}5$ percent semiannual bonds outstanding, par value $$1,000$

each. The common stock currently sells for $$72\mathrm{.}90$ per share and has a beta of $1\mathrm{.}11,$ the preferred stock currently sells for

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$$104\mathrm{.}20$ per share, and the bonds have $20$ years to maturity and sell for $103\mathrm{.}6$ percent of par. The market risk premium is $6\mathrm{.}7$

percent, T$-$bills are yielding $3\mathrm{.}3$ percent, and the firm's tax rate is $21$ percent.

What is the firm's market value capital structure?

Note: Do not round intermediate calculations and round your answers to $4$ decimal places, e$.$g$.,1616.$

What is the firm's cost of each form of financing?

Note: Do not round intermediate calculations and enter your answers as a percent rounded to $2$ decimal places, e$.$g$.,$

$32\mathrm{.}16.$ What is the firm's cost of each form of financing?

Note: Do not round intermediate calculations and enter your answers as a percent rounded to $2$ decimal places, e$.$g$.,$

$32\mathrm{.}16.$

If the firm 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?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Weighted average cost of capital

What is the firm's market value capital structure?

Note: Do not round intermediate calculations and round your answers to $4$ decimal places, e$.$g$.,\mathrm{.}1616.$

What is the firm's cost of each form of financing?