i. Cost of Debt is 15.63% and the tax rate is 20% ii. The dividend paid out for preference shares is $6. Each share currently trades at $21 and has a floatation cost of $3 Ordinary shares receive a dividend of $1.50 per share. It has growth rate of 10% and it is currently trading at $15 with a floatation cost of $2.31. Note: Debt: Preference Shares: Ordinary Shares is 3: 2:5 You are asked to report the following to your supervisor before the end of the week. B. Calculate the WACC (10 marks)