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Cummins India Ltd has the following capital structure, which it considers optimal: Debt 25% Preference Shares 10% Equity shares 65% Total 100% Applicable tax rate

Cummins India Ltd has the following capital structure, which it considers optimal: Debt 25% Preference Shares 10% Equity shares 65% Total 100% Applicable tax rate for the company is 25%. Risk free rat...

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