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home / study / business / finance / finance questions and answers / titan mining corporation has 9.9 million shares of common stock outstanding, 430,000 shares ... Your question has been answered Let us know if you got a helpful answer. Rate this answer Question: Titan Mining Corporation has 9.9 million shares of common stock outstanding, 430,000 shares of 6 ... Titan Mining Corporation has 9.9 million shares of common stock outstanding, 430,000 shares of 6 percent preferred stock outstanding, and 225,000 8.7 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $47 per share and has a beta of 1.45, the preferred stock currently sells for $97 per share, and the bonds have 20 years to maturity and sell for 118 percent of par. The market risk premium is 8.7 percent, T-bills are yielding 5 percent, and the companys tax rate is 40 percent. a. What is the firms market value capital structure? I have posted this question earlier, and the answer was wrong. please help me get the correct answer.

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