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You have been appointed as a financial consultant by the directors of Goa Ltd. They require you to calculate the cost of capital of the

You have been appointed as a financial consultant by the directors of Goa Ltd. They require you to calculate the cost of capital of the company. The following information is available on the capital structure of the company: 1 000 000 Ordinary shares, with a market price of R4 per share. The latest dividend declared was 93 cents per share. A dividend growth of 14% was maintained for the past 5 years. 1 000 000 12%, R1 Preference

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