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Teall Development Company hired you as a consultant to help them estimate its cost of capital. You have been provided with the following data: D1
Teall Development Company hired you as a consultant to help them estimate its cost of capital. You have been provided with the following data: D1 = $1.45: PO = $22; and g = 6.50% (constant). Based on the DCF approach, what is the cost of equity from retained earnings? none of the above O 12.30% 13.09% O 12.94% 11.68%
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