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CD Bargain Barn is forecasting earnings per share of $3.35 next year. Its investors require a return of 16.0%. a. What is the no-growth value

CD Bargain Barn is forecasting earnings per share of $3.35 next year. Its investors require a return of 16.0%.

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

No-growth value $

b. If the stocks price is currently $32, what is the present value of growth opportunities (PVGO)? (Round your answer to 3 decimal places.)

PVGO $

c. What is the implied P/E ratio for CDs stock? (Round your answer to 2 decimal places.)

Implied P/E ratio

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