The candidates are required to submit the following: Larsen & Toubro LimitedQuestion $2$: Prepare the average cost $($WACC$)$ of funds that were being deployed in the business in the last $5$ years. The Return on Equity $($RoE$)$ for the previous year may be used as a proxy to the Cost of Equity $($Ke$)$ in calculating the WACC. $(10$ Marks$)$