Below is the information on ABC company and its tax rate is at 25% .

(Yield to Maturity)	9%
(Number Common Stocks	20,000
(Price Per share)	$40
(Long-term debt)	400,000
(Book value per share)	$30
(Expected Rate of Return on Stock)	16%

Required :

1) Find the company cost of capital

2) Subsidiary company to ABC company , i.e. LZT Berhad book value is at RM25 per share and its trading price currently is RM50. The companys balance sheet is showing RM30 billion in long-term debt and its the same as its current value. It has 600 million shares currently outstanding. What is its market debt to total value ratio?(Assuming there is not tax rate)