Question: please do it in excel and show the calculation in details **digits of id number 20** Haval Limited can borrow at an annual interest rate

please do it in excel and show the calculation in details

**digits of id number 20**

Haval Limited can borrow at an annual interest rate of 11% compounded semiannually with a compensating balance requirement of 4%. It can issue 13% Taka 100 preferred stock at Taka (100 + Last two digits of your ID Number) where floatation cost is 8%. The risk free rate is 4.5% and the market return is 15%. The firms beta is 1.12. Tax rate is 30%. Expected Capital Components and their mix:

Debt Taka 1600 million
Preferred Stock Taka 1400 million

Common Equity Taka 2000 million a. Estimate the cost of debt, cost of preferred stock and cost of retained earnings. b. Estimate the WACC.

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