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Retained earnings versus new common stock. Using the data for a firm shown in the following table, calculate the cost of retained earnings and the
Retained earnings versus new common stock. Using the data for a firm shown in the following table, calculate the cost of retained earnings and the cost of new common stock using the constant-grow valuation model. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet) The cost of retained earnings is (Round to two decimal places.)
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