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help pls in less than a hour Velvet (Pty) Ltd has the following capital structure: Equity: 10000000R1 ordinary shares. The market price is currently R1,50

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help pls in less than a hour

Velvet (Pty) Ltd has the following capital structure: Equity: 10000000R1 ordinary shares. The market price is currently R1,50 per share. Preference shares: 4000000 @ R0,45 yielding 10\%. The market price is currently R0,50 per share. Debentures: R2000000,20% debentures, issued at R1,00. The market price is currently R1,08 per debenture. Bank Loan: R5 00000011,67% FNB bank loan. Assuming the following rate of return is expected for each type of capital: Assume a tax rate of 28%. Calculate the cost of capital using the weighted average cost of capital (WACC)

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