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Assume that you are a consultant to Lotte Inc., and you have been provided with the following data: D_1 = $0.67: P_0 = $27.50: and

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Assume that you are a consultant to Lotte Inc., and you have been provided with the following data: D_1 = $0.67: P_0 = $27.50: and g = 7.00% (constant). What is the cost of equity from retained earnings based on the DCF approach? 11.12% 10.87% 10.32% 9.44% 9.15%

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