AB Ltd. issued shares of `100 each at a premium of 10%. The issue involved underwriting commission

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● AB Ltd. issued shares of `100 each at a premium of 10%. The issue involved underwriting commission of 5%. The rate of dividend expected by the shareholders is 12%. Determine the cost of Equity Capital (Ke).

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Financial Management

ISBN: 9789352605606

1st Edition

Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana

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