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Pure discounted cash flow cost of equity (cost of using retained earning) is: P0D1+1FgP0(1F)D1+gP0D1+gP1D0+gP0D1+g(1F) Pure discounted cash flow cost of equity (cost of using retained
Pure discounted cash flow cost of equity (cost of using retained earning) is: Pox(1-F) + g
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