Q12. Beltrois Ltd has the following capital structure: Additional Information: Ordinary Shares - paying dividend of 10% of par value - market value $5.00 per share. Preference Shares - paying contracted dividend - market value $2.00 per share. Company Tax Rate 30% Required: Calculate the Weighted Average Cost of Capital (using market values). $ Proportion % Market Value $ Ordinary Shares Retained Earnings Total Weighted Average Cost of Capital (WACC) (using market values) Component Market Value $ Proportion % Cost % WACC % Ordinary Shares Retained Profits Preference Shares Mortgage Total 100