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3, (10 p.) The cost of the share capital of a certain company amounts is calculated based on CAPM (risk free rate 5%, market premium

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3, (10 p.) The cost of the share capital of a certain company amounts is calculated based on CAPM (risk free rate 5%, market premium 6%, beta 13), the nominal cost of a long-term credit amounts to 10%,the nominal cost of capital raised from the issue of bonds amounts to 14%. Interest on the bonds is paid twice a year, the credit is repaid four times a year. We also know that the market value of the share capital equals 1000 mu, the nominal value of shares amounts to 700, the nominal value of the long-term credit: 700, the nominal value of the issued bonds: 300. On the basis of the available data and the information that the tax rate amounts to 19%, please, estimate the value of WACC

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