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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 = $22.50; and g = 10.00% (constant). Based on the DCF approach, what is the cost of equity from retained earnings? O none of the above O 11.84% O 13.91% 8.73% 10.69%

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