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19 Mettrend's stock will generate earnings of $2 per share this year. The discount rate for the stock is 10%, and the rate of return

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19 Mettrend's stock will generate earnings of $2 per share this year. The discount rate for the stock is 10%, and the rate of return on reinvested earnings also is 10%. 10 points a. Find both the growth rate of dividends and the price of the stock If the company reinvests the following fraction of lts earnings in the firm: " %; OD 50%; in 60%. (Do not round Intermediate calculations. Enter the growth rates as a whole percent) 0% Print Redo part a now assuming that the rate of return on reinvested earnings is 15% what is the present value of growth opportunities (PVGO) for each reinvestment rate? (Do not round intermediate calculations. Round your answers to 2 decimal places.) nt of Earnings 0% 60% PVGO

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