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As a consultant to Basso Inc., you have been provided with the following data: D 1 = $0.67; P 0 = $27.50; and g L

As a consultant to Basso Inc., you have been provided with the following data: D1 = $0.67; P0 = $27.50; and gL = 8.00% (constant). What is the cost of common from reinvested earnings based on the dividend growthapproach?

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