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Calculate the weighted average cost of preference shares and ordinary shares if there are 1 million preference shares with market value of $2.50 each and

Calculate the weighted average cost of preference shares and ordinary shares if there are 1 million preference shares with market value of $2.50 each and an opportunity cost of 10.8 per cent and 10 million ordinary shares with market value of $4.50 each and an opportunity cost of 16.5 per cent.

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