Samanta Company has $20$ million equity shares outstanding. The book

value per share is Rs$.40$ and the market price per share is Rs$.120.$

Samanta has two debentures outstanding. The first issue has a face

value of Rs$.300$ million, $12\%$ coupon and sells for $90\%$ of its face

value. It will mature in $5$ years. The second issue has a face value of

Rs$.200$ million, $14\%$ coupon and sells for $102\%$ of its face value. It

will mature in $6$ years. Samanta also has a bank loan of Rs$.200$

million on which the interest rate is $15\%?$