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Business, 05.11.2019 04:31 andresduenas72

To them estimate the company's cost of capital, smithco has hired you as a consultant. you have been provided with the following data: d1 = $1.45; p0 = $22.50; and gl = 6.50% (constant). based on the dividend growth approach, what is the cost of common from reinvested earnings? a. 11.10%b. 11.68%c. 12.30%d. 12.94%e. 13.59%

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