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- Grott and Perrin, Inc., has expected earnings of $ 3 per share for next year. The firm's ROE is 2 0 % , and

- Grott and Perrin, Inc., has expected earnings of $3 per share for next year. The firm's ROE is 20%, and its earnings retention ratio is 70%. If the firm's market rate of return is 15%, what is the present value of its growth opportunities? PRETTY SURE THE ANSWER IS 70
- Continue from previous problem. What is the fair value per share of Grott and Perrin, Inc.?
Round your answer to integer.
Answer =____

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