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t Rival Inc. hired you as a consultant to help estimate its cost of capital. You have been provided with the following data: D. =

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Rival Inc. hired you as a consultant to help estimate its cost of capital. You have been provided with the following data: D. = $0.80, P $57.50; and = 8.009. (constant Based on the DCF approach, what is the cost of equity from retained earnings? Do not round your intermediate calculations 10.07. 11029 7.999. 10.179 9.50%

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