The shop works two shifts per day, 8 hours per shift, 220 days per year. Currently, the company operates four machines, and
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Answer:
Explanation: Cost of equity can be defined as the return that the investors demand for bearing the risk of ownership in company's equity shares. It can be computed by using CAPM model which is represented as follows :-
cost of equity = risk free rate + beta *(market risk premium)
= 9.15%