You are given the following information about Jordan plc:

You are also given the following information:
Yield on Treasury bills..................................................7%
Jordan plc equity beta..................................................1.21
Equity risk premium...................................................9.1%
Current ex-div ordinary share price.................................£2.35
Current ex-div preference share price.................................66p
Current ex-interest bond price..........................................£105
Corporate tax rate............................................................30%
Calculate the company's WACC using market weightings.

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Financial position statement at January 20x0 £000 Non-current assets Current assets Total assets Equity finance £000 1,511 672 2,183 Ordinary shares (50p) Reserves 200 150 350 Non-current liabilities 7% preference shares 9% bonds (redeemable after 8 years) 9% bank loan 300 650 560 Current liabilities Total liabilities 1,510 323 2,183