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Company A's CAPM-implied expected return is squal to 10%. The company is expected to pay a $20 dividend per share in one year out of

Company A's CAPM-implied expected return is squal to 10%. The company is expected to pay a $20 dividend per share in one year out of its $40 earnings per thare. Suppose the company has a constant ROE (return on equity) of 15%, and kees paying out the same fraction of its earnings as dividends. What is the presert value of Company A_(s) growth opportunities? $400.00 $266.67 $200.00 $133.33

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