Problem 4: Retained Earnings versus New Common Stock Using the data shown in the following table, calculate each firm’s:

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Problem 4: Retained Earnings versus New Common Stock Using the data shown in the following table, calculate each firm’s:

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Problem 4: Retained Earnings versus New Common StockUsing the data shown in the following table, calculate eachfirm’s:a. Cost of retained earnings (𝑟𝑠)b. Cost of new common stock (𝑟𝑛)
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