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Titan Mining Corporation has 7.3 million shares of common stock outstanding, 265,000 shares of 4.5 percent...

Titan Mining Corporation has 7.3 million shares of common stock outstanding, 265,000 shares of 4.5 percent preferred stock outstanding, and 150,000 bonds with a semiannual coupon rate of 5.4 percent outstanding, par value $2,000 each. The common stock currently sells for $64 per share and has a beta of 1.20, the preferred stock has a par value of $100 and currently sells for $92 per share, and the bonds have 16 years to maturity and sell for 106 percent of par. The market risk premium is 7.4 percent, T-bills are yielding 3.2 percent, and the company’s tax rate is 22 percent.
a.

What is the firm’s market value capital structure? (Debt, Preferred Stock, and Equity) (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., .1616.)
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