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Question 11 (5 points) Teale Corp. hired you as a consultant to help them estimate its cost of capital. You have been provided with the
Question 11 (5 points) Teale Corp. hired you as a consultant to help them estimate its cost of capital. You have been provided with the following data: DO = $1.45; PO = $19.00; and g = 6.50% (constant). Based on the DCF approach, what is the cost of equity from retained earnings? (Multiple Choice) 14.63% 6.58% 13.00% 15.26% 14.13%
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