Patriot Memory Inc. hired Jack as a consultant to help estimate its cost of capital. Jack has been provided with the fol
Posted: Wed Jul 06, 2022 6:28 pm
Patriot Memory Inc. hired Jack as a consultant to help estimate its cost of capital. Jack has been provided with the following data: Do = $4.16; Po= $184.00; and g = 14.00% (constant). Based on the DCF approach, what is the cost of equity from retained earnings?