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quot;quot;Titan Mining Corporation has 17 million shares of common stock outstanding, 810,00 shares of 7 percent preferred stock outstanding, and...

""Titan Mining Corporation has 17 million shares of common stock outstanding, 810,00 shares of 7 percent preferred stock outstanding, and 230,000 8.5 percent semiannual bond outstanding, par value $1,000 each. The common stock currently sells for $35 per share and has a beta of 1.25, the preferred stock currently sells for $83 per share, and the bond have 16 years to maturity and sell for 91 percent of par. The market risk premium is 10 percent, T-bill are yielding 5 percent, and Titan Mining's tax rate is 32 percent.a) The firm's market value capital structure is as follows: D/V is______, E/V is _______, and P/V is________.b) If Titan Mining is evaluating a new investment project that has the same risk as the firm's typical project, the firm should use a rate of ______ percent to discount the project's cash flows. "

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