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John has asked you to compute the cost of equity from retained earnings based on the DCF (DDM) approach and provided you the following information
John has asked you to compute the cost of equity from retained earnings based on the DCF (DDM) approach and provided you the following information
- D1 = $1.00
- Price = $45.00
- g = 7%
Write your answer using 2 decimals. Do not use the % sign.
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