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Task 9 Company has an issue of 1000000 ordinary shares, par value 0.3$ and 100000$...

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Task 9 Company has an issue of 1000000 ordinary shares, par value 0.3$ and 100000$ of 10% irredeemable debentures. The current ex-dividend market price of the ordinary shares is 0,5$ per share and the current ex-interest market price of the debentures is 75$ per. 100$. The company has just paid a dividend of 8 cent per share and dividends are expected to continue at this level indefinitely. If the company pays corporate tax at a rate of 30%, what is its weighted coat of capital

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