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The following information is available from the balance sheet of the company: A Source of Capital Amt, in rs Equity Share Capital 1 5 ,

The following information is available from the balance sheet of the company:
A
Source of Capital Amt, in rs
Equity Share Capital 15,00,000
9% Preference Shares 15,00,000
12% Debentures 30,00,000
Total 60,00,000
Determine the weighted average cost of capital of the company. It had been paying dividends at a rate of rs.12 per share, income tax is 30% and the current market price of & 100 per share is rs.120.

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