The common stock of Mobility Inc. is currently trading at Rs. 25 per share. The company is planning to distribute a dividend of 12% more than this year. The company also has some preference equity shares with the face value of Rs. 100 per share and 9.75% fixed dividend each year. Currently, each preference share is trading at Rs. 80. Further, the companys has taken a bank loan of 24 crore @ 9% interest. Source Proportion Ordinary equity 30% Preference equity 10% Debt 60% Total 100% Based on the information provided, what is the companys weighted average cost of capital?

Source Proportion Ordinary equity 30% Preference equity 10% Debt 60% Total 100%

Based on the information provided, what is the companys weighted average cost of capital?