The MTN Group Limited $("$MTN$")$ is a South African$-$based multinational corporation and mobile telecommunications provider. The company is listed on the Johannesburg Stock Exchange and has a $\backslash (31^\{\backslash$text $\{$st $\}\}\backslash )$ December financial year$-$end. MTN is present in more than $20$ countries in Asia and the rest of the African continent. Towards the end of December $2024,$ the company announced the total disposal of its investment in the Republic of Guinea due to a strategic shift and geopolitical challenges. In South Africa, the shrinking household disposable income has also resulted in increasing bad debts. Furthermore, this has led to a reduction in subscriber base growth over the last couple of years. MTN recently announced that it will slash its South African capital expenditure by up to $\backslash (\backslash$mathrm$\{$R$\}4,1\backslash )$ billion for the upcoming financial year. You received the following information regarding MTN$\text{'}$s $31$ December $2024$ financial position: Ordinary share capital Debentures Long$-$term liabilities Additional information $1$ Additional information $2$ Additional information $3$ Additional information: $1.$ MTN has $1000000000$ ordinary shares in issue. The shares were issued at an average price of R$8$ per share, and the shares were trading at R$10$ each on $31$ December $2024.$ The dividend paid per share for the year ended $31$ December $2024$ was $345$ cents. The South African government bonds' current yield is $\backslash (12\backslash \%\backslash ),$ Beta is estimated at $1,4,$ and the market risk premium is currently $\backslash (8\backslash \%\backslash ).2.$ Included in the long$-$term liabilities are $30000000$ debentures issued at a nominal value of R$100.$ The debentures are redeemable at nominal value in six years and currently pay an annual coupon of $\backslash (10\backslash \%\backslash ).$ The pre$-$tax market return on similar debentures is $\backslash (8\backslash \%\backslash ).3.$ The other long$-$term liabilities consist of the term$-$loan MTN took out to fund various capex requirements. The loan amount is R$3$ billion and is repayable in full in five years. The loan bears interest at $\backslash (10\backslash \%\backslash )$ per annum, and the current interest rate for similar loans is $\backslash (11\backslash \%\backslash ).4.$ The current company taxation rate is $\backslash (27\backslash \%\backslash ).$ REQUIRED: For each question below, remember to: $-$ Clearly show all the formulas used; $-$ Clearly show all your detailed calculations; and $-$ Round percentages to two decimal places and final answers to the nearest rand.