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7 LMN Co. expects earnings per share of ( $ 5.7 ) next year. Current book value is ( $ 7.78 ) per share. The
7 LMN Co. expects earnings per share of \( \$ 5.7 \) next year. Current book value is \( \$ 7.78 \) per share. The appropriate discount rate for LMN is \( 8.95 \) percent. Calculate the share price (in 2 answers
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
