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Kuzlon stock returns are 150% more volatile than the market returns. The Indian government bond of 15 years maturity was trading in the market with

Kuzlon stock returns are 150% more volatile than the market returns. The Indian government bond of 15 years maturity was trading in the market with a market interest rate (ytm) of 7%. The spread between S&P BSE 500 index returns and long term Indian government bond returns was 8%.

What is the cost of equity capital for Kuzlon?

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