1 pts Question 24 ons ments Spencer Supplies' stock is currently selling for $10 a share. The firm is expected to earn $8.30 per share this year and to pay a year-end dividend of $1.50. Investors require a 5% return. If Spencer reinvests earnings in projects with average returns equal to the stock's expected rate of retum, then what will be next year's earning per share? ock 0 7.29 ase Course ials 0 7.47 Analytics 0 7.56 07.38 O 7.20 Previous Next > ann honor