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Given: Market price per share = PHP 100 , dlvidend growth rate =16%, projected dividend per share (for next year) = PHP 4.50, underpricing per

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Given: Market price per share = PHP 100 , dlvidend growth rate =16%, projected dividend per share (for next year) = PHP 4.50, underpricing per share - PHP 4. flotation cost per share = PHP 1.50. Compute for the cost of retained earnings. A.76 2050 20.69N 20.765

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