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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? A. -$2.51 OB.-$2.81 OC. $2.25 OD. $1.50

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