The Beta coefficient of Computech Ltd. is 1.2. The company has been maintaining 5% rate of growth in dividends and earnings. The current dividend paid is Rs 2.40 per share, Return on Government securities is 10%. Return on Market portfolio is 14%. The current market price of one share of Computech Ltd. is Rs 28. The earnings per share is Rs. 3.90. Calculate the cost of equity capital basing on: i. Dividend yield method