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Assume that you are a consultant to Morton Inc., and you have been provided with the following data: D0 = $1.9; P0 = $23; and

Assume that you are a consultant to Morton Inc., and you have been provided with
the following data: D0 = $1.9; P0 = $23; and g = 4.9% (constant). What is the
cost of equity from retained earnings based on the DCF approach?

Group of answer choices:

13.57%

13.07%

12.57%

12.07%

11.57%

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