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To help them estimate the company's cost of capital, Smithco has hired you as a consultant. You have been provided with the following data: D

To help them estimate the company's cost of capital, Smithco has hired you as a consultant. You have been provided with the following data: D = $1.45; Po = $22.50; and gL = 6.00% (constant). Based on the dividend growth approach, what is the cost of common from retained earnings?
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To help them estimate the company's cost of capital, Smitheo has hired you as a consultant. You have been provided with the following data: D1=$1.45;P0=$22.50; and gL=6.00% (constant). Based on the dividend growth approach, what is the cost of common from retained earnings

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