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Please could you explain how to do the calculation for this kind of question?(cum dividend) 17. DFCC has a cum-dividend share price of Rs.3.50. Dividend

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Please could you explain how to do the calculation for this kind of question?(cum dividend)

17. DFCC has a cum-dividend share price of Rs.3.50. Dividend declared is equal to Rs.0.60. Calculate the cost of equity. 20

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