QUESTION 10 Dale has the following sources of long-term finance: Book value 2,000,000 Ordinary shares (par value 1 per share) Debentures (par value 1,000 per bond) Total 1,000,000 3,000,000 Dale Plc's ordinary shares are currently priced at 9.25 per share in the market, and the current bond price per 1,000 is 1,500. The company's cost of equity is 8% and the cost of debt is 4%. Calculate Dale Plc's weighted average cost of capital (WACC). 7.68% 6.00% 7.70% 6.67%