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Using the data for a firm shown in the followingtable, calculate the cost of retained earnings and the cost of new common stock using theconstant-growth

Using the data for a firm shown in the followingtable, calculate the cost of retained earnings and the cost of new common stock using theconstant-growth valuation model.

$34.00 0.08asPercent% $2.04 $2.00 $1.50

The cost of retained earnings is _%

The cost of new common stock is __%?

All the information is there.

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