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Mcdonalds can issue new common stock to net the company $44 per share. Determine the cost of internal equity capital using the dividend capitalization model

Mcdonalds can issue new common stock to net the company $44 per share. Determine the cost of internal equity capital using the dividend capitalization model approach. (Compute answer to the nearest 0.1%). a. 12.3% b. 13.4% c. 13.0% d.12.7%

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