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A firm has expected earnings of $2 per share. It reinvests 40% of its earnings in projects with ROE of 12%. The required return is
A firm has expected earnings of $2 per share. It reinvests 40% of its earnings in projects with ROE of 12%. The required return is 25%. What is PVGO?
| 0 | ||
| -1.77426 | ||
| -2.44341 | ||
| -2.05941 | ||
| -1.26706 |
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Personal Finance
Authors: Jeff Madura
6th Edition
0134082915, 9780134082912
