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22.XYZ Corp. hired you as a consultant to help estimate its cost of capital. You have been provided with the following data: Do $0.80; Po

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22.XYZ Corp. hired you as a consultant to help estimate its cost of capital. You have been provided with the following data: Do $0.80; Po - $22.50; and g = 8.00% (constant). Based on the DCF approach, what is the cost of equity from retained earnings? a. 10.699 b. 11.258 c. 11.84 d. 12.438 e. 13.05%

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