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H company expects to earn 5 million yuan every year in the future. H company currently has 500,000 shares outstanding. If the company has an
H company expects to earn 5 million yuan every year in the future. H company currently has 500,000 shares outstanding. If the company has an investment opportunity next year, it is expected to invest 5 million yuan, which will increase the company's future annual surplus by 1.5 million yuan. Knowing that the expected return on H companys current stock is 12%, what is its current stock price?
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