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Assume that you are a consultant to Broske Inc., and you have been provided with the following data: D 1 = $0.67; P 0 =

Assume that you are a consultant to Broske Inc., and you have been provided with the following data: D₁ = $0.67; 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

10.46%

10.06%

7.95%

9.86%

11.37%

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