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A company has current, trailing earnings of 2.3 per share. The company plans to plowback 0.29, a share of the earnings, at an ROE of
A company has current, trailing earnings of 2.3 per share. The company plans to plowback 0.29, a share of the earnings, at an ROE of 0.082. If the required rate of return is 0.06, what is the present value of the firm's growth opportunities? 7.21 O 7.67 8.29 6.91 O 8.02
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