Calculate weighted average cost of capital (WACC) for Chirag Pharmaceuticals Ltd. through Book Value as well as Market Value Method (Before tax as well as after tax) with the help of following data:

Equity Share Capital (2,00,000 shares of 10 each) - 20,00,000

12 % Preference Capital - 40,00,000

10% Debentures - 40,00,000

Other Information: i. Ke = 15%

ii. Market Price of Equity Share is 225.

iii. Preference Shares are priced at par.

iv. Debentures are priced at 90%.

v. Applicable tax rate is 30%.