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Craw CO. at the end of the year will have EPS of $4 and if the firm has a cost of capital of 13%, answer

Craw CO. at the end of the year will have EPS of $4 and if the firm has a cost of capital of 13%, answer the following:

4) If the firm decides to pay out all earning as dividends what would todays firm value be? (choose the closest answer)

A) 26.7

B) 30.8

C) 4.5

D) 32.4

E) 54.5

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