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Ophir Mining Corporation has 6.3 million ordinary sharesoutstanding; 350000, 5.8% preferenceshares outstanding, and 150000, 7.1% half-yearly bondsoutstanding, par value $1000 each. Theordinary shares currently sell for $74 and have a beta of 1.09;the preference shares sell for $107;and the bonds have 20 years to maturity and sell for 109% ofpar. The market risk premium is6.8%; government bonds are yielding 4.3%; and Ophir Mining’s taxrate is 30%. The book valueof one preference share is $100.a.What is the firm’s market-value capital structure?b. If Ophir Mining is evaluating a new investment project thathas the same risk as the firm’s typical project, what rate shouldthe firm use to discount the project’s cash flows under a classicaltax system?show steps, plz, i will rate PS. especially the YTM steps.