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Amber Inc. hired you as a consultant to estimate its cost of equity. You've collected the following data: The stock price, P 0 , is

Amber Inc. hired you as a consultant to estimate its cost of equity. You've collected the following data: The stock price, P0, is $22.5 and the most recent dividend, D0, was $0.8. Dividends are expected to grow at a constant rate of g = 8%.

what is the cost of equity from retained earnings?

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