McqMate
Q. |
National Ltd. Has 12,000 equity shares of Rs.100 each. Sale price is equity share Rs.115 per share; flotation cost Rs.5 per share. Expected dividend growth rate is 5% and expected dividend at the end of the financial year is Rs.11 per share, What is the cost of equity shares of National Ltd? |
A. | 0.1133 |
B. | 0.1278 |
C. | 0.1475 |
D. | 0.15 |
Answer» D. 0.15 |
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Strategic Financial Management