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The Capital Structure of BGD Plc is: The ordinary shares have a market price of 24p. Dividends paid in the last five years have been:

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The Capital Structure of BGD Plc is: The ordinary shares have a market price of 24p. Dividends paid in the last five years have been: 2p;2.1p;2.2p;2.31p and 2.43p respectively. Dividends are paid once a year and the latest dividend, 2.43p has just been paid. The bonds have a market price of 120 per 100 face value. Interest is paid once a year. There is no corporate tax. Calculate the weighted average cost of capital (WACC) of BGD Plc

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