this question by using formula will be given waittt

QUESTION 3 Christal Ng Corporation requires a substantial investment of RM8,000,000 to establish a new production facility in Petaling Jaya, Selangor. This strategic move aims to enhance the company's operational capabilities and meet increasing market demands. The firm evaluates three (3) financing alternatives to finance this initiative that could provide the necessary capital. The options under consideration are: Alternative 1 Issue a 12 percent bond with 10 years to maturity at RM1,100. The floatation cost is 6 percent of the par value, which is RM1,000. The tax rate is 30 percent. Alternative 2 Issue 8 percent preferred stock at a market price of RM108. The floatation cost associated with issuing this preferred stock is 4 percent of the market price. Alternative 3 Issue new common shares at RM40, following a recent dividend payment of RM2.80. The growth rate of the dividend is 3 percent, and the flotation cost is 8 percent of the market price. a) i) | Compute the cost of financing for all the alternatives. ii) | Which alternative should be selected? State your reasons. (16 marks) b) Describe the following features of a bond: i) Maturity period ii) Indenture (4 marks)