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Assume that you are a consultant to Broske Inc., and you have been provided with the following data: D 1 = $0.78; P 0 =
Assume that you are a consultant to Broske Inc., and you have been provided with the following data: D1 = $0.78; P0 = $49.00; and g = 7.00% (constant). The cost of equity from retained earnings based on the DCF approach is 8.59 % ?
True
or
False
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