A firm has an ebit of rs. 2,00,000 and belongs to a risk class of 10%. What is the value of cost of equity capital if it employs 6% debt to the extent of 30%, 40% or 50% of the total capital fund of 10,00,000
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Explanation:
L’Oréal in figures
The Group achieved its best year of sales growth in more than 10 years in 2018. Operating margin set a new record, confirming the ability of L’Oréal’s business model to deliver robust performance and create significant value.
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