A 10% preference share, which is expected to sell at Rs 87, is issued involving a floatation cost of Rs 5 per share. Find the cost of the new preference share. A company has equity shares of Rs 10...

A 10% preference share, which is expected to sell at Rs 87, is issued involving a floatation cost of Rs 5 per share. Find the cost of the new preference share.

A company has equity shares of Rs 10 each, the market price of which is Rs 56. A constant growth of 5% is expected and a dividend of Rs 3.60 per share has been paid. Find out the cost of equity share.