Please show all the steps and calculations:

You have just the following information about ABC Ltd$,$ which pays tax @

$35\%$ p$.$a

$($i$)7000$ Bonds with $8\%$ coupon, face value of $$1000$ & maturity period of

$15$ years, payments to be made semi$-$annually, currently sold at $90\%$ of

par value.

$($ii$)300,000$ common shares outstanding, currently selling at $ $60$ per share

having beta of $1\mathrm{.}10.$

$($iii$)20,000$ outstanding shares of $$6$ preferred shares, selling at $$95$ per

share.

Required: Work out overall cost of capital assuming $7\%$ market risk premium

and $5\%$ risk free rate of return.