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. As the assistant to the CFO of Johnstone Inc., you must estimate its cost of common equity. You have been provided with the following
. As the assistant to the CFO of Johnstone Inc., you must estimate its cost of common equity. You have been provided with the following data: D 0 = $0.80; P 0 = $22.50; and g L = 8.00% (constant). Ba...
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