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Business, 05.11.2019 05:31 MewsicBox9165

As the assistant to the cfo of johnstone inc., you must estimate its cost of common equity. you have been provided with the following data: d0 = $0.80; p0 = $22.50; and gl = 8.00% (constant). based on the dividend growth model, what is the cost of common from reinvested earnings? a. 10.69%b. 11.25%c. 11.84%d. 12.43%e. 13.05%

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