The following are the financial information of Seri Cendana Berhad, a publicly traded company in Bursa Malaysia. The company is looking at setting up a manufacturing plant overseas to produce a new line of the production. As the financial manager, you are required to prepare a financial evaluation of a proposed expansion of the company's production.

$\backslash$table$[[$Common Stock,$7,000,000$ shares outstanding, selling for RM$70$ per share$],[$Preferred Stock,$\backslash$table$[[400,000$ shares, outstanding, selling for RM$80$ per share.$],[$Dividend paid is RM$5$ per share.$]]],[$Debt$,\backslash$table$[[$RM$240,000,7\mathrm{.}5$ percent coupon bonds outstanding, $20$ years to$],[$maturity$,$ selling for $94$ percent of par; the bonds have a RM$1,000],[$par value each and make semiannual payments.$]]],[$Market$,\backslash$table$[[8$ percent expected market risk premium; $5$ percent risk$-$free rate;$],[$The company's tax rate is $35$ percent and the beta is $1\mathrm{.}2]]]]$

Required:

a$)$ Calculate Seri Cendana's capital structure weights and the company's total value on a market values basis.

$(8$ marks$)$

b$)$ Compute the company's Weighted Average Cost of Capital $($WACC$).$

$(12$ marks$)$