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Assume that you are a consultant to Morton Inc., and you have been provided with the following data: D0 = $1.6; P0 = $23; and

Assume that you are a consultant to Morton Inc., and you have been provided with the following data: D0 = $1.6; P0 = $23; and g = 4% (constant). What is the cost of equity from retained earnings based on the DCF approach? Group of answer choices 11.73% 11.23% 12.73% 13.23% 12.23%

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