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Burling's Accounting Services recently hired you. You have obtained the following data: D0 = $1.15; P0 = $33.57; and gL = 5.50% (constant). Based on
Burling's Accounting Services recently hired you. You have obtained the following data: D0 = $1.15; P0 = $33.57; and gL = 5.50% (constant). Based on the dividend growth model, what is the cost of common equity from reinvested earnings? Group of answer choices 8.6% 11.3% 9.7% 9.1% 10.2%
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