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Rhino Inc. hired you as a consultant to help them estimate their cost of capital. You have been provided with the following data: D1=$2;P0=$48.4; and

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Rhino Inc. hired you as a consultant to help them estimate their cost of capital. You have been provided with the following data: D1=$2;P0=$48.4; and g=6.2% (constant). Based on the DCF approach, what is the cost of equity from retained earnuings? 10.8396 11.83% 11.33% 10.33% 12.33%

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