A firm reinvests $60\%$ of its earnings in projects with ROE of $15\%.$ The market capitalization rate is $10\%.$ The expected year$-$end earnings of $$6/$share next year.

What is the PVGO?

Question $1$ Answer

a$.$

$$180$

b$.$

$$200$

c$.$

$$170$

d$.$

$$150$

e$.$

None of the above