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Rivoli Inc. hired you as a consultant to help estimate its cost of capital. You have been provided with the following data: Do = $0.80;

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Rivoli Inc. hired you as a consultant to help estimate its cost of capital. You have been provided with the following data: Do = $0.80; Po = $25.00; and g = 8.00% (constant). Based on the DCF approach, what is the cost of equity from retained earnings? Do not round your intermediate calculations. 9.85% 14.32% 9.74% 13.17% 11.46%

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