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20 points you expect that Bean Enterprises will have a person of 2 ming year. Bean plans to retain all of its earnings for the

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20 points you expect that Bean Enterprises will have a person of 2 ming year. Bean plans to retain all of its earnings for the coming the year. Yoru brequent two years, the firm plans on retaining 50% of its earnings. It will then retainly of its earrings from that point forward. Retained earnings will be invested in project than expected return of 20% per year. Bean's equity cost of capital a 126, what is the ce of a share of Bean's stock? Fill the following table as a part of your answer Year Earnings Dividend Payout Ratio 1 2 3 4 5 0 20 points you expect that Bean Enterprises will have a person of 2 ming year. Bean plans to retain all of its earnings for the coming the year. Yoru brequent two years, the firm plans on retaining 50% of its earnings. It will then retainly of its earrings from that point forward. Retained earnings will be invested in project than expected return of 20% per year. Bean's equity cost of capital a 126, what is the ce of a share of Bean's stock? Fill the following table as a part of your answer Year Earnings Dividend Payout Ratio 1 2 3 4 5 0

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