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just ended. You expect the company's earnings to grow 3 percent per year. The company has an ROE of 14 percent. a. What is the

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just ended. You expect the company's earnings to grow 3 percent per year. The company has an ROE of 14 percent. a. What is the value of the stock? Do not round intermediate calculations. Round your answer to the nearest cent. $ b. What is the present value of the growth opportunity? Do not round intermediate calculations. Round your answer to the nearest cent. $

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