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A company hired you as a consultant to help estimate its cost of capital. You have been provided with the following data: Do = $0.80:

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A company hired you as a consultant to help estimate its cost of capital. You have been provided with the following data: Do = $0.80: Po = $60.00; and g = 8.00% (constant). What is the cost of equity from retained earnings? Do not round your intermediate calculations. 9.72% 9.44% 9.91% 9.53% 9.33%

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