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You were recently hired by Scheuer Media Inc, to estimate its cost of capital. You obtained the following data: D1=$1.45;P0=$90.00; g=7.00% (constant); and F=5.00%. What

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You were recently hired by Scheuer Media Inc, to estimate its cost of capital. You obtained the following data: D1=$1.45;P0=$90.00; g=7.00% (constant); and F=5.00%. What is the cost of equity raised by selling new common stock? a. 8.70% b. 8.61% c. 8.53% d. 8.81% e. 8.26%

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