0589dbcf__Papers_and_Solved_Assignments__B
[0] 36 [A] Dividend / Price Approach to compute cost of equity shares is objected on the following grounds [B] 
This presupposes that an investor looks forward only to receive dividend on equity shares which may not be correct , It assumes that the company will not earn on its retained earnings which is a wrong assumption
SCDL Sample Papers and Solved Assignments
B