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Assume that Kish Inc. hired you as a consultant to help estimate its cost of capital. You have obtained the following data: D 0 =

Assume that Kish Inc. hired you as a consultant to help estimate its cost of capital. You have obtained the following data: D0= $1.00; P0= $20.00; flotation costs=10% and g =10.00%(constant). Based on the DCF approach, what is the cost of equity from issuing new stocks? Do not round your intermediate calculations.
A.15.56% B.16.11% C.15.00% D.14.65%

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