Hibsen corporation hired you as a consultant to help them


H.Ibsen Corporation hired you as a consultant to help them estimate its cost of capital. You have been provided with the following data: D0 = $1.36; P0 = $20.50; and g = 6.50% (constant). Based on the DCF approach, what is the cost of equity from retained earnings?

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Financial Management: Hibsen corporation hired you as a consultant to help them
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