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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: D_(1)=$1.45;P_(0)
Teall Development Company hired you as a consultant to help them estimate its cost of capital. You have been provided with the following data: D_(1)=$1.45;P_(0) =$19.00; and g=6.50% (constant). Based on the DCF approach, what is the cost of equity from retained earnings? a. 14.13% b. 14.41% c. 10.88% d. 13.00% e. 15.26% O-Icon Key 4 Question 12 of 20
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