what is the cost of equity from retained earnings?
Question 19
Assume that Kish Inc. hired you as a consultant to help estimate its cost of capital. You have obtained the following data: D0 = $0.90; P0 = $25.00; and g = 7.00% (constant). Based on the DCF approach, what is the cost of equity from retained earnings?
12.26%
10.85%
13.24%
12.37%