BD and G Company Limited has the following capital structurer Equity and Reserves SM SM Ordinary shares Reserves 23 247 270 Non-current Liabilities 5 5% Preference shares 6% Loan notes Bank loan 19 282 Ordinary shares are currently trading at $4.26 per share on an ex-dividend basis. The nominal value is $0.25 per share. Ordinary dividends are expected to grow by 4% per year and a dividend of $0.25 per share has just been paid. The 5% preference shares have an ed-div market value of $0.56 per share and a market value of $1.00 per share. These shares are irredeemable. The 6% loan notes are currently trading at $95.45 per loan note on an ex interest basis and will be redeemed at their nominal value of $100 per loan note in five years time. Bank loan has a fixed interest rate of 7%. Corporation tax is paid at a rate of 25%. Calculate the following on an after-tax basis: Cost of equity /13 marks B. Cost of preference shares (2 marks) C. Cost of debt cloan netes) no marks Cost of debt (bank loan) (2 marks Total market value for all sources types of financing 15 mars 1 Weighted average cost of capital swathis