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Assume that you are a consultant to Broske Inc., and you have been provided with the following data: D1 = $0.80; P 0 = $32.50;
Assume that you are a consultant to Broske Inc., and you have been provided with the following data: D1 = $0.80; P0 = $32.50; and g = 8.00% (constant). What is the cost of equity from retained earnings based on the DCF approach?
Group of answer choices
9.86%
11.37%
7.95%
10.46%
10.06%
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