Assume that you are a consultant to Morton Inc., and you have been provided with the following data: DO = $1.7; PO = $23; and g = 5.5% (constant). What is the cost of equity from retained earnings based on the DCF approach? 12.80% 13.30% 14.30% 12.30% O 13.80%

Assume that you are a consultant to Morton Inc., and you have been provided with the following data: D0=$1.7;P0=$23; and g=5.5% (constant). What is the cost of equity from retained earnings based on the DCF approach? 12.80% 13.30% 14.30% 12.30% 13.80%