22. Falcon Denton is considering Investing in a new project and has the following capital structure: Source of Capital Bond Preferred share Common share Market Value (RM) 0.34 0.25 0.41 The additional information about each sources of capital as per below: A bond with par value RM1,000 that pay 10 percent coupon interest rate annually and will mature in 10 years. The current market value is RM988. The tax rate is 34 percent. A preferred share issues at RM100 per share which pays a constant dividend of RM5.30 per share. Flotation costs will be RM4 per share and market price is RM73. The common share is currently selling RM80 per share. The company has paid a dividend of RM6 per share last year. This dividend is expected to grow at a constant rate of 4.5 percent per year. Flotation cost will be 10 percent of the common share's selling price. Calculate: (a) The cost of debt. (6 marks) (b) The cost of preferred share. (3 marks) (c) The cost of common share, (4 marks) (d) The weighted for each sources of capital. (6 marks) Weighted Average Cost of Capital WACC) (6 marks)