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You have the following data: D1 = $1.60; P0 = $35.00; and g = 3.00% (constant). What is the cost of equity from retained earnings

You have the following data: D1 = $1.60; P0 = $35.00; and g = 3.00% (constant). What is the cost of equity from retained earnings based on the DCF approach? A. 7.07% B. 4.57% C. 8.00% D. 7.57%

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