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1-2- Laurel Enterprises expects earnings next year of ( $ 3.78 ) per share and has a ( 40 % ) retention rate, which it

1-2- Laurel Enterprises expects earnings next year of $ \$ 3.78 $ per share and has a $ 40 \% $ retention rate, which it plans to keep constant. Its equity cost of capital is $ 11 \% $, which is also 2 answers

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