Question #8 (5 +2.5+2.5 = 10 marks) Berry Corp, has 20,000 bonds outstanding with a 6% annual yield, 5 years to maturity, a $1,000 face value and 511150 market price. The company has 200,000 preference shares that pay a $2.28 annual dividend and sell for 528.5 per share The company's 500,000 ordinary shares are currently selling for $25 per share and have a beta of 1.2. The risk. free rates 3%, and the market return is 10%. Assume a 30% tax rate, e Q8-a I (a) What is the cost of preference shares, cost of ordinary shares and cost of debt? 22. H-E B i AX, X Q8-b (b) What are the market values of preference shares ordinary shares and debt? What is the total market value of all the securities of Berry Corp.? HEB i AX, X 2. SE 6 x B Save Unanswered Q8-C (c) What is Berry Corp's weighted average cost of capital (WACC)? . H. B i AX, X