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You are a finance intern at ABC and they have asked you to help estimate the company's cost of common equity. You obtained the following

You are a finance intern at ABC and they have asked you to help estimate the company's cost of common equity. You obtained the following data: D1 = $1.25; P0 = $35.00; g = 5.00% (constant); and F = $2.10. What is the cost of equity raised by selling new common stock?

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