Question 31 (3.125 points) Patriot Memory Inc. hired Jack as a consultant to help estimate its cost of capital. Jack has
Posted: Wed Jul 06, 2022 6:44 pm
Question 31 (3.125 points) 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? 14.60% 13.81% 13.27% 16.26% 16.58%