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A firm with return on equity 20% and beta 0.9 just distributed all its earnings ( $12 per share) as earnings to shareholders each year

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A firm with return on equity 20% and beta 0.9 just distributed all its earnings ( $12 per share) as earnings to shareholders each year or retain 25 w for reinvestment. What is the price of the stock, if all earainiss are distrithuted as dividends movinit forward: a. $71.4 b. $60 c. $64.3 d. $85,7 e. $133.3 f. $120

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