Perpetual preference shares of $1m (dividend rate of 12% pa of $5 face value, paid annually in arrears). The preference shares are currently trading at $5.70 each. Fastrack Ltd. is a transportation company wanting to know if they should proceed with a particular investment. They have extracted some information from their balance sheet and also provided some other relevant data. The figures reflect their target capital structure. The tax rate is 30%. Calculate the WACC given the following information. Perpetual preference shares of $1m (dividend rate of 12% pa of $5 face value, paid annually in arrears). The preference shares are currently trading at $5.70 each. Fastrack Ltd. is a transportation company wanting to know if they should proceed with a particular investment. They have extracted some information from their balance sheet and also provided some other relevant data. The figures reflect their target capital structure. The tax rate is 30%. Calculate the WACC given the following information