Question: QUESTION 2 a) Augustine Co. Ltd has the following information in its statement of financial position. GH 000 Ordinary shares of 50Gp 2.500 13% unsecured

QUESTION 2 a) Augustine Co. Ltd has the following information in its statement of financial position. GH "000 Ordinary shares of 50Gp 2.500 13% unsecured bonds (issued @par) 1,000 The ordinary shares are currently quoted at 110Gp each and the bonds are trading at GH72 per GHe 100 nominal. The ordinary dividend of 15Gp has just been paid with an expected growth rate of 12% Corporation tax is currently 30%. Required: Calculate the WACC for this entity 19 marks)

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