Find the market value weightd of debt and equity are

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Point 1: Titan Mining Corporation has 14 million shares of common stock outstanding, 738,000 shares of 6.5 percent preferred stock outstanding, and 180,000 7.5 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $33 per share and has a beta of 1.1, the preferred stock currently sells for $80 per share, and the bonds have 13 years to maturity and sell for 95 percent of par. The market risk premium is 9 percent, T-bills are yielding 4.5 percent, and Titan Mining's tax rate is 33 percent.

Question 1: The Market Value Weightd of Debt and Equity are________ and ________, respectively. The WACC is 11.65%

Reference no: EM132505814

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