Question 5 The following is an extract from the financial statements of Zeta Limited: Amount (lakhs) Operating Profit 105.0 Less: Interest on Debentures 33.0 Earnings before Taxes 72.0 Less: Income Tax (35%) 25.2 Earnings after Taxes 46.8 Equity Share Capital (shares of 10 each) 200.0 Reserves and Surplus 100.0 15% Non-Convertible Debentures (of 100 each) 220.0 520.0 The market price per equity share is 12 and per debenture is 93.75. You are required to calculate: a. The earnings per share. b. The percentage cost of capital to the company for debentures and the equity