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EEL Company common stock is selling at P62.50/share while flotation cost of P5/share. The current dividend per share is P5.42/share. Growth rate projected at 5%.

EEL Company common stock is selling at P62.50/share while flotation cost of P5/share. The current dividend per share is P5.42/share. Growth rate projected at 5%.
Compute for the:
A. cost of common stock and
B. retained earnings.

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