Question Five (10 Marks) You are given the following information concerning Crazy Critters Limited: Preference shares 20,000 preference shares paying a dividend of $4.00 every year in perpetuity with a current price of $40.00. Ordinary Shares 500,000 fully paid ordinary shares. The dividend is expected to grow 8 percent in the next year, the current price is $60.00; and the last dividend was $4.00. The beta is 1.2. Debt 120,000 bonds with a 6.0 percent coupon rate, ten years to maturity, face value of $1000 and a quoted price of $1,120. The yield to maturity is 4.5%. Market The corporate tax rate is 30 percent; the market risk premium is 8 percent; and the risk-free rate is 1.50 percent