what is this solution of this question?

what would be the WACC of the company?

Company ABC requires 1 crore as a capital investment for its expansion project. In the board of director's meeting it has been decided that the company will raise this capital as: 30% from Retained earnings, 40% from debt and remaining 30% from preferred equity. What would be the WACC of the company's expansion project if tax rate is 35%, current common dividend is Rs. 10/share growing at 2%, stock price is 120, preferred dividend is Rs 5/share, the price of preferred shares is Rs. 60 and the company can issue debt with FV=1000, coupon= 7% at market price of 1400 * 7.54 O 10.33 9 8.33 Company ABC requires 1 crore as a capital investment for its expansion project. In the board of director's meeting it has been decided that the company will raise this capital as: 30% from Retained earnings, 40% from debt and remaining 30% from preferred equity. What would be the WACC of the company's expansion project if tax rate is 35%, current common dividend is Rs. 10/share growing at 2%, stock price is 120, preferred dividend is Rs 5/share, the price of preferred shares is Rs. 60 and the company can issue debt with FV=1000, coupon= 7% at market price of 1400 * 7.54 O 10.33 9 8.33