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Question 10 5 pts As the assistant to the CFO of Johnstone Inc., you must estimate its cost of common equity. You have been provided

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Question 10 5 pts As the assistant to the CFO of Johnstone Inc., you must estimate its cost of common equity. You have been provided with the following data: D. = $0.80; Po = $22.50; and g = 8.00% (constant). Based on the DGM approach, what is the cost of common from reinvested earnings? 11.84% 12.43% 11.25% 10.69% 13.05%

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