Company A is a mature company with steady growth. It has a policy to keep the ratio of debt to capital constant. The company will offer shares for capital increase. The details are as follows. Pricing Guaranteed Distribution (underwritten price) 30 baht Expenses incurred as fundraising costs (floatation cost) 0.8% This year's dividends on company stocks but the company's shares have already announced XD 2.5 baht Return on Equity (ROE) 8% Dividend payout ratio 80% Find the cost of equity that issuance of additional shares Answer......... % CERRAR