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A firm's balance sheet reports $15,000 in common equity (BV) Given the risk of the company, investors expect to earn a 10% return They also

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A firm's balance sheet reports $15,000 in common equity (BV) Given the risk of the company, investors expect to earn a 10% return They also expect the company to pay out 0% of income in dividends each year (all earnings reinvested) Investors expect the firm to earn net income of 51,500 in Year + 1.51.750 in Year + 2.51.795 in Year + 3 and 51.500 in each year thereafter Using the residual income valuation modet what is VD, the value of the fiem? Om. None of the answers provided are correct. 6.515.060 OC 515,000 Od: 516.500 $19.965

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