2. RIL Ltd. opts for the following Capital Structure:

Equity Shares (1,00,000 shares) 50,00,000 15% Debentures 50,00,000 Total 1,00,00,000 The company is expected to declare a dividend of `5 per share. The market price per share is `50. The dividend is expected to grow at 10%. Compute weighted average Cost of Capital of RIL Ltd. assuming 50% tax rate.