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If a company has a current stock price of $ 4 5 , an EPS of $ 3 / share; EPS growth rate of 1

If a company has a current stock price of $45, an EPS of $3/share; EPS growth rate of 10% and the investors rate of return is 15%, calculate the cash cow price.
a.
$18
b.
$22
c.
$20
d.
$19
e.
$21

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