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A firm is currently selling for $73 a share and has a cost of capital of 11%. It has expected earnings of $3.75 a share.

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A firm is currently selling for $73 a share and has a cost of capital of 11%. It has expected earnings of $3.75 a share. What is the present value of its growth opportunities? A $38.91 B $34.09 C $32.20 D $40.80 8

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