Use the following information to calculate WACC of BHP.

A. BHP has 15 million outstanding shares. Current price of BHP shares is $3. The current dividend on BHP share is $0.50 and these dividends are expected to grow at a consistent rate of 10%.

B. BHP has 10 million preference shares with a current price of $2.5 and dividend on preference shares is $0.65.

C. BHP has 0.1 million bonds with a face value of $1000 and 5 years to maturity. Currently these bonds are traded at their face value. Coupon rate is 10% and with required rate of return of 10%. Corporate tax rate is 30%.