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A firm has expected earnings of $2 per share. It reinvests 30% of its earnings in projects with ROE of 15%. The required return is
A firm has expected earnings of $2 per share. It reinvests 30% of its earnings in projects with ROE of 15%. The required return is 29%. What is PVGO?
| -1.26706 | ||
| -1.49261 | ||
| -0.92512 | ||
| -1.18227 | ||
| 0 |
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Investments An Introduction
Authors: Herbert B. Mayo
13th Edition
0357127951, 978-0357127957
