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2.) The current price of a company is $24.00/share. The company earnings are $1.80/share, and the company has a required rate of return of 12%
2.) The current price of a company is $24.00/share. The company earnings are $1.80/share, and the company has a required rate of return of 12% based on the stock's level of risk. How much of the current price is attributed to the present value of growth opportunities? A.) $9.00 B.) $15.00 C.) $24.00 D.) $33.00 E.) None of the above
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