are 13. Following the details regarding three companies : A Ltd. B Ltd. C Ltd r = 15% r = 10% r = 8% k = 10% k = 10% k = 10% E = Rs.10 E = Rs.10 E = Rs.10. You are required to calculate the effect of dividend payment on the profits of each of the above companies under the following different situations : (a) When no dividend is paid; (b) When dividend is paid at Rs. 4 per share; (c) When dividend is paid at Rs. 8 per share; (d) When dividend is paid at Rs. 10 per share