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correct answer? A firm is expected to generate an EPS of $1.11 over the next year, and this is expected to grow at a constant

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A firm is expected to generate an EPS of $1.11 over the next year, and this is expected to grow at a constant rate of 2.2% in perpetuity. It maintains a constant plowback ratio of 40%. If the cost of equity is 3.7%, what is the present value of growth opportunities? Select one: a. $4.36 b. $-0.40 c. $2.91 d. $14.40 C

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