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13 pts) 13. Great Eastern Utilities (GEU) has generated annual earnings of $10/share for many years and expects to do so for the foreseeable future.

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13 pts) 13. Great Eastern Utilities (GEU) has generated annual earnings of $10/share for many years and expects to do so for the foreseeable future. It currently pays out all earnings as dividends. Now suppose that GEU has the opportunity to build a new power plant. The project will take four years to complete and will cost the firm $5/share per year beginning next year (year 1) and extending through year 4. However, beginning in year 5 GEU's annual EPS (and dividends per share) will rise to $12/ share and remain there indefinitely. If the appropriate discount rate is 10%, and GEU announces its intention to build the new plant, what will be the impact on its current share price, P.? P, will increase/decrease (include a "+" or "-") by $

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