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can someone help me with this practice problem on Help Laurel Enterprises expects earnings next year of 4 17 per share and has a 50%

can someone help me with this practice problem
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on Help Laurel Enterprises expects earnings next year of 4 17 per share and has a 50% retention rate, which plans to keep constant. Its equity cost of capital is 11%, which is also its expected return on new Investment its earnings are expected to grow forever at a rate of 55% per year If its en dividend is due in one year, what do you estimate the firm's current stock price to be? The current stock price will be s 5 (Round to the nearest cene)

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