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8. X Ltd. has issued 2,00,000 equity shares of? 10 each. The company has earned a profit of? 3,20,000 after tax. Dividend pay out ratio

8. X Ltd. has issued 2,00,000 equity shares of? 10 each. The company has earned a profit of? 3,20,000 after tax. Dividend pay out ratio is 75% of profits. Market price of X Ltd's share is ? 20 per share. Find out the cost of equity capital using: (i) Dividend yield Method, (ii) Earning yield Method

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