5. RS Ltd. has 50,000 equity shares of `10 each. Current market price per share is `50,...
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5. RS Ltd. has 50,000 equity shares of `10 each. Current market price per share is `50, and the earning available to equity shareholders at the end of the period is `4,00,000. The earnings rate are expected to grow @ 6% p.a. Floatation cost 5% of current market price.
Calculate the cost of equity share. [Ans. Ke = 22.84%)]
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Related Book For
Financial Management
ISBN: 9789352605606
1st Edition
Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana
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