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#17 pls helpppp Portage Bay's equity cost of capital is 9% and it has 6 million shares outstanding, what should be the price of Portage

#17 pls helpppp

image text in transcribed Portage Bay's equity cost of capital is 9% and it has 6 million shares outstanding, what should be the price of Portage Bay stock? The price of Portage Bay's stock is $ per share. (Round to the nearest cent.)

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