You've been hired by Cans-R-U as a consultant to help them calculate cost of capital. You have been provided with the following data: D1 = $1.09; PO = $17.00; and g = 7% (constant). Based on the constant growth formula approach, what is the cost of equity from retained earnings? MUST SHOW WORK

You've been hired by Cans-R-U as a consultant to help them calculate cost of capital, You have been provided with the following data: D1=$1.09;P0=$17.00; and g=7% (constant). Based on the constant growth formula approach, what is the cost of equity from retained earnings? MUST SHOW WORK 10.20% 10.17% 10.49% 11.4198 13.41%