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Consider a company which is expected to have earnings next year of 2.7 per share. The expected ROE is 0.098. The required rate of return
Consider a company which is expected to have earnings next year of 2.7 per share. The expected ROE is 0.098. The required rate of return is 0.085. If the firm has a retention ratio of 0.47, its intrinsic value using the DDM should be:
Group of answer choices
38.38
39.98
44.25
42.26
36.75
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