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CD Bargain Barn is forecasting earnings per share of $3.10 next year. Its investors require a return of 16.5%. a. What is the no-growth value

CD Bargain Barn is forecasting earnings per share of $3.10 next year. Its investors require a return of 16.5%.

a. What is the no-growth value of CDs stock? (Round your answer to 3 decimal places.)

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