A Ltd. retains `1,00,000 out of its current earnings. The expected Rate of Return to the shareholders,
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● A Ltd. retains `1,00,000 out of its current earnings. The expected Rate of Return to the shareholders, if they had invested the funds elsewhere is 10%. The brokerage is 2% and the shareholders come in 30% tax bracket. Calculate the cost of retained earnings.
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Financial Management
ISBN: 9789352605606
1st Edition
Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana
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