7. A company's capital structure is as follows: 10million RM1 ordinary shares Reserves 13% loan stock 2014 RM'm 10 4 7 The loan stock is redeemable at par in 2014. Current market prices for the company's securities are as follows: RM1 ordinary shares RM2.80 13% loan stock 2014 RM100 The company is paying corporation tax at a rate of 28%. The cost of the company's equity capital has been estimated at 12% per annum. What is the company's per annum weighted average cost of capital for investment appraisal purposes? A 11.12% 11.47% 12.20% 12.30% B D