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Halo Corp. is all equity financed and generates perpetual annual EBIT of S600. Assume that the EBIT, and all other cash flows, occur at year

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Halo Corp. is all equity financed and generates perpetual annual EBIT of S600. Assume that the EBIT, and all other cash flows, occur at year end and that we are currently at the beginning of a year. Assume that Halo has a 100% payout rate. Halo has 1,000 shares outstanding. The stockholders of Halo require a return of 6%. Assume that the tax rate is 0%. What is the price per share for Halo stock? O a. S15.00 b. $30.00 c. $0.60 d. $10.00 e. $4.20

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