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A firm is expected to earn $8 per share. The pay-out ratio is 60% and it will remain sam If the ROE of the firm

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A firm is expected to earn $8 per share. The pay-out ratio is 60% and it will remain sam If the ROE of the firm is 25% and required rate of return on equity is 13%, find the prese walue of growth opportunities. a. $160.00 b. $ 61.54 c. $ 98.46 d. None of the above

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