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Dividend payout ratio of stock A is 65 percent. The last dividend distributed by the corporation was $1.4. The rate of return on equity is

Dividend payout ratio of stock A is 65 percent. The last dividend distributed by the corporation was $1.4. The rate of return on equity is 18 percent. The investor requires a 10 percent return on this stock. How much of the value comes from the present value of growth opportunities (PVGO)?

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