21% long-term loans, 13% bonds, 12% preferred stock, 37% common stock, 17% retained earnings, and that:

- Long-term borrowing interest. 19%.

- The nominal value of the bond is 2000 dirhams, and the selling price of the bond is 1925 dirhams, with a coupon of 5%, and it is due after 10 years.

The nominal value of the preferred share is 140 dirhams, with a selling price of 135 dirhams and an interest of 8.5%.

- The selling price of the ordinary share is 5 dirhams, and it is expected that a dividend of 0.46 dirhams will be distributed per share at the end of the year, with a growth rate of 1.1%.

Required: Calculate the weighted rate of cost of capital.

the answer