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For the current year, the company Big Apple has reported a dividend per share of 9 lei, and they have prospects to maintain the dividend
For the current year, the company Big Apple has reported a dividend per share of 9 lei, and they have prospects to maintain the dividend payout ratio at 89%, and to get 12% return on equity (ROE) on reinvested the earnings. The opportunity cost of capital (r) for the investment in the shares of the company is 16%. Having all this information, what is the value of the companys shares?
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