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3) What is the PVGO for a firm that earned $3.00/share this year, will pay out 45% of its earnings, has 8% cost of equity,
3) What is the PVGO for a firm that earned $3.00/share this year, will pay out 45% of its earnings, has 8% cost of equity, and a growth rate of 2%?
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Financial Management For Public, Health, And Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
6th Edition
150639681X, 978-1506396811
