A company was recently formed to manufacture juice. It has the following capital structure; Kshs 8% preference shares of shs 6 each   1,200,000 Ordinary shares of Ksh. 10 each     7,800,000 12% debentures stock par value of Ksh. 200 2,000,000         Totals   11,000,000               Additional information The market price of shares is as follows Ordinary shares Ksh. 25 6% preference shares of Ksh. 12 12 % debentures stocks is selling at Ksh. 285 The ordinary share holders will receive cash dividend of Ksh. 4 per share this year. These dividends are expected to grow at 9%. Tax rate is 30%. Required: The cost of equity capital 4 marks The cost of preference share capital 4 marks The cost of debt capital 4 marks The weighted average cost of capital        ​