[jahangir]

Hello buddy… the amount you are receiving is in euro and the rates are also in euros… as it says 4.2606 euros per dollar… it means 4.2 dollars equals to one dollar …… if you multiply it it will make the currency euro(square) that is why it is being divided so that euro cancels each other and the amount will be in dollars

[jahangir]

I am asking for cost of equity calculation on book value… tell me the formula only

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