apoorva ltd has assets 3200000 that has been finence as follows Eq share 100 each 1800000 general reserve 360000 debt 1040000 the company total profit before interest and taxes were 623000 the company pay 8% interest on borrowed capital and the tax bracket is 40% the market value of the Equity as on 31 st March 2014 was 150per share form the above determined the weighted average cost of capital using market value as weights
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