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New shares: D1 Rs 9, price Rs 150, flotation Rs 30, g 6%. Find Ke

A13.5%
B15%
C7.5%
D12%
Answer & Solution
Correct answer: A. 13.5%
Net proceeds are 150 - 30 = 120, so 9/120 = 7.5% and 7.5 + 6 = 13.5%.
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