The beta coefficient of Target Ltd is $1\mathrm{.}4.$ The company has been maintaining $8$ per cent rate of growth in dividends and earnings. The last dividend paid was Rs $4$ per share. The return on government securities is $10$ per cent while the return on market portfolio is $15$ per cent. The current market price of one share of Target Ltd$.$ is Rs $36.$ What will be cost of equity of Target Ltd$?$Question $1$ Answera$\mathrm{.}17\%$b$\mathrm{.}16\mathrm{.}7\%$c$\mathrm{.}17\mathrm{.}6\%$d$\mathrm{.}15\%$