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A start up technology company has projected earnings per share of $4.50. If the average technology industry P/E ratio is 30. A. what would the

A start up technology company has projected earnings per share of $4.50. If the average technology industry P/E ratio is 30.

A. what would the company's projected stock price be?

B. What is the implicit required rate of return if dividends are expected to grow at 5% annual rate?

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