X-cell Inc. has 8,000,000 shares of common stock outstanding, 500,000 shares of preferred stock outstanding, which pays 12 percent of $100 par value, and 90,000 13 percent annual bonds outstanding, par value $1,000 each. The common stock currently sells for $39 per share and has a beta of 1.25, the preferred stock currently sells for $69, and the bonds have 10 years to maturity and sell for 92 percent of par. The market risk premium is 9 percent, T-bills are yielding 8 percent, and X-cell Inc.'s tax rate is 37 percent
Find market value weight of debt?
Find market value weight of common equity?
Market value of preferred stock?
If Holden corp. is evaluating a new investment project that has the same risk as the firm's typical project. what rate should the firm use to discount the project cash flow(WACC)