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Aaron Inc. has 3 0 1 million shares outstanding. It expects earnings at the end of the year to be $ 6 3 8 million.
Aaron Inc. has million shares outstanding. It expects earnings at the end of the year to be $ million. The firm's equity cost of capital is Aaron pays out of its earnings in total: paid out as dividends and used to repurchase shares. If Aaron's earnings are expected to grow at a constant per year, what is Aaron's share price?
A $
B $
C $
D $
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