Preference Shares: . The preference shares were issued for $40 with a 3% dividend. The current market price is $50. There are 5 million shares on issue Debt: 1 The debt that the firm has issued was issued 10 years ago and has 10 years left to maturity. The bonds pay quarterly coupon of 15% pa. The bonds were issued for $1000 each and are currently valued at $1000 each. There are 120,000 bonds on issue Ordinary Shares: These shares currently trade for $4. The Beta of these shares is 2, the market risk premium is 3% and the risk-free rate is 4%. These shares last paid a dividend of 60 cents with expected growth of 4%. There are 100 million shares on issue Other Information: . Canada Cranes' tax rate is 35%. a. Calculate the EAR of the YTM for debt that matures in 10 years as 4 decimal places b. Determine the require return on the preference equity in 4 decimal places c. Determine the required return of the ordinary equity using the CAMP as 4 decimal places d. Determine the required return of the ordinary equity using the dividend discount model (DDM) e. Determine the weight of debt, ordinary equity and preference equity to be used in the calculation of after tax WACC in 4 decimal places