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Posted on Aug 10, 2024

ABC Corp is expected to earn $ 6 . 0 0 per share over the next year. The company plows back 3 5 % of

ABC Corp is expected to earn $

6.00

per share over the next year. The company plows back

35 %

of its earnings into projects yielding

18 % .

Investors require a rate of return of

14 % .

What price will they pay for the stock?

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