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

Assume that you are a consultant to Broske Inc., and you have been provided with the following data: D1 = $0.67; Price of Common stock = $27.50; and g = 8%.

What is the cost of equity based on the Discounted Cash Flow (or Dividend Growth Model)?

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