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WILL UPVOTE!! Q17 A company hired you as a consultant to help them estimate its cost of capital. You have been provided with the following

WILL UPVOTE!! Q17

A company hired you as a consultant to help them estimate its cost of capital. You have been provided with the following data: Last dividend = $3.00; P0 = $178.00; and g = 5.50% (constant). Based on the DCF approach, what is the cost of equity from retained earnings?

6.62%

4.83%

7.28%

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