What is the cost of common from retained earnings

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Assume that you are a consultant to Broske Inc., and you have been provided with the following data: D1 = $2.47; P0 = $35.12; and g = 2.2% (constant). What is the cost of common from retained earnings based on the dividend growth model approach? Input your answer as a decimal rounded to four places.

Reference no: EM132038821

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