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A firm has expected earnings of $4.5 per share for next year. The firm's ROE is 9%, and its earnings retention ratio is 40%. If

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A firm has expected earnings of $4.5 per share for next year. The firm's ROE is 9%, and its earnings retention ratio is 40%. If the firm's market capitalization rate is 10%, what is the present value of its growth opportunities? $1.50 -$2.51 OB . -$2.81 . $2.25 0,0

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