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Given that the price of the stock with growth is $36.14, what is the present value of growth opportunities (PVGO)? Shield Corp. expects an earnings

Given that the price of the stock with growth is $36.14, what is the present value of growth opportunities (PVGO)? Shield Corp. expects an earnings per share of $2.65 and reinvests 40% of its earnings. Management projects a rate of return of 4% on new projects and investors expect a 6% rate of return on the stock.

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