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. Cembria (Body 12 Bill's Bakery expects earnings per share of $3.54 next year. Current book value is $5.60 per share. The appropriate discount rate

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. Cembria (Body 12 Bill's Bakery expects earnings per share of $3.54 next year. Current book value is $5.60 per share. The appropriate discount rate for Bill's Bakery is 12 percent. Calculate the share price for Bill's Bakery if earnings grow at 3.70 percent forever MacBoo esc :

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