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25. Metatrend's stock will generate earnings of $5 per share this year. Investors' required rate of return is 15% and the rate of return on
25. Metatrend's stock will generate earnings of $5 per share this year. Investors' required rate of return is 15% and the rate of return on reinvested earnings is 20%. What will be the price of t stock if the company reinvests 60% of its earnings in the firm? A. $18.18 B. $33.33 C. $42.86 D. $66.67 E. $166.67
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