Teall Development Company hired you as a consultant to help them estimate its cost of capital.You have been provided with the following data: D₁ = $1.45; P₀ = $22.50; and g = 6.50% (constant).Based on the DCF approach,what is the cost of equity from retained earnings? A)11.10% B)11.68% C)12.30% D)12.94% E)13.59%

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The Answer of Teall Development Company hired you as a consultant to help them estimate its cost of capital.You have been provided with the following data: D₁ = $1.45; P₀ = $22.50; and g = 6.50% (constant).Based on the DCF approach,what is the cost of equity from retained earnings? A)11.10% B)11.68% C)12.30% D)12.94% E)13.59%

Teall Development Company Hired You as a Consultant to Help