The market risk premium is 7 percent t-bills are yielding 3


Titan Mining Corporation has 8.2 million shares of common stock outstanding and 260,000 4 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $30 per share and has a beta of 1.1, and the bonds have 10 years to maturity and sell for 110 percent of par. The market risk premium is 7 percent, T-bills are yielding 3 percent, and Titan Mining's tax rate is 38 percent.

What is the firm's market value capital structure?

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Finance Basics: The market risk premium is 7 percent t-bills are yielding 3
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