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11. A company's earnings per share last year was 2.0 yuan and it paid a dividend of 1.4 yuan. It is expected that the company's
11. A company's earnings per share last year was 2.0 yuan and it paid a dividend of 1.4 yuan. It is expected that the company's earnings will continue to grow at a rate of 5%. Assuming that the necessary rate of return for the company's investment is 10%. The current market price of the stock is 30 yuan, is the company's stock price overvalued
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