ABC Company has assets of Rs.320,000 financed with Rs. 104,000 of debt and Rs. 180,000 of equily and a general reserve of Rs.36,000. The company's intltarl prolits after interest and taxes for the current year were Rs.27,000. It pays 8 percent interest on the debt. The company is in the 50 peceet tax bracket. It has 1800 equity shares of Rs. 100 each selling at a market price of Rs. 120 per share. Calculate a. WACC b. EPS c. Comment on your calculations d. Why is WACC the proper measure of calculating the cost of the capital