FMC ompany (FMC) issued common share of FMC, worth of Tk. 500 milion and it Gomprises with 1,000,000 ordinary shares. FMC is a listed company, and its current share price is Tk. 250. The dividend paid for the current year was Tk. 16 per share nd growth rate of annual dividend payment is 5%. FMC has issued preference shares for a value of Tk. 150 million. This consists of 500,000 preferred shares and annual dividend per share is Tk. 16. The last traded price of a preference share was Tk. 250. Long term borrowings of FMC were Tk. 150 million with annual interest rate of 17%. The company pays income tax at the rate of 28% per annum on its profits. What is the firm's cost of capital?