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Total Assets 532,044 Total Liabilities and Equity 532,044 Company information for Select Harvests Limited: Beta coefficient is currently 0.50 Number of issued shares is 57,800,000

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Total Assets 532,044 Total Liabilities and Equity 532,044 Company information for Select Harvests Limited: Beta coefficient is currently 0.50 Number of issued shares is 57,800,000 Closing share price on March 7" 2014 is $7.17 (Market capitalisation = $414,426,000) Bank overdraft interest rate = 2.78% after-tax Short-term debt facility has a current interest rate = 5.07% before tax . Unsecured notes have a before-tax floating interest rate = 180-day bank bill rate + 5.00% margin Corporate tax rate = 30.00% Market information: 180-day bank bill rate = 2.66% per annum 5-year Government bond yield = 3.46% per annum . . 10-year Government bond yield = 4.20% per annum All Ordinaries Index average return over the last 10 years = 9.25% per annum Based on the above information, determine the current weighted average cost of capital (WACC) for Select Harvests Limited

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