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Greenlight Corp. forecasts its next years earnings to be $8.00 per share. The company has a policy of paying out 60% of its eranings. If
Greenlight Corp. forecasts its next years earnings to be $8.00 per share. The company has a policy of paying out 60% of its eranings. If ROE is 20%, the cost of equity is 12.5%, and the firm's weighted average cost of captital is 10%, what is the present value of growth opportunity?
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