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As an analyst for Oriole Inc., you are responsible for many firms, including ADFC. Currently you have a hold recommendation on ADFC. The current price

As an analyst for Oriole Inc., you are responsible for many firms, including ADFC. Currently you have a hold recommendation on ADFC. The current price of ADFC is $ 132. You have conducted an extensive analysis of the industry and you feel that the probability the firm will capture a substantial share of the new market is 35 percent. If the firm is able to capture the new market, you are expecting earnings to grow at a rate of 45

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