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XYZ & Co. has 20000 equity shares of $10 each fully paid. The current market price of share is $20.. 1 answer below » XYZ & Co. has 20000 equity shares of $10 each fully paid. The current market price of share is $20. Earnings available to the shareholders at the end of the period under consideration are $60000. Calculate cost of equity share capital using earnings/price ratio. Sep 30 2015 08:06 AM