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As a consultant to Basso Inc., you have been provided with the following data: D 1 = $ 1 . 1 5 ; P 0

As a consultant to Basso Inc., you have been provided with the following data: D1= $1.15; P0= $27.50; and gL =8.00%(constant). What is the cost of common from reinvested earnings based on the dividend growth approach?

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