Assume that you are a consultant to Broske Inc., and you have been provided with the following data: D1 = $0.67; P0 = $27.50; and g = 8.00% (constant). What is the cost of common from retained earnings based on the DCF approach?
a- 9.42%
b- 9.91%
c- 10.44%
d- 10.96%
e- 11.51%