Question Completion Status: O WORDS POWERED BY TINY QUESTION 12 16 points Save Answer TUA is subject to a flat corporate tax rate of 30% and has 1,000,000 ordinary shares currently trading at $2.89 per share. Next year's ordinary dividend per share is $0.40 and the dividends are expected to grow indefinitely at 8% per annum. TUA also has 300,000 preference shares with a current market value of $3.50 per share and the preference dividend per share is fixed at $0.38. Finally, TUA has 1,000 bonds outstanding with a market value of $500 each and the current yield to maturity is 7.2% per annum. The bonds mature in 5 years' time. Determine TUA's weighted average cost of capital (WACC). (16 marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I US Paragraph Open Sans,sa... 10pt TIT >