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Assume that Burger Queen Inc. hired you as a consultant to help estimate its cost of capital. You have obtained the following data: D0 =

Assume that Burger Queen Inc. hired you as a consultant to help estimate its cost of capital. You have obtained the following data: D0 = $0.80; P0 = $26.00; and g = 6.00% (constant). Based on the DCF approach, what is the cost of equity from retained earnings?

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