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Ace Ventura Inc. has expected earnings of $27.80 per share next year. The firm's ROE is 12% and its earnings retention ratio is 55%. if

Ace Ventura Inc. has expected earnings of $27.80 per share next year. The firm's ROE is 12% and its earnings retention ratio is 55%. if the firm's market capitalization rate is 10.5%, what is the present value of its growth opportunities?

A)58.23

B)62.91

C)60.46

D)58.01

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