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Mega Corporation had net earnings of $200,000 this past year and paid $80,000 in dividends on the company's equity of $1,800,000. Mega has 500,000 shares
Mega Corporation had net earnings of $200,000 this past year and paid $80,000 in dividends on the company's equity of $1,800,000. Mega has 500,000 shares outstanding with a current market value of $5. What is the firm's present value of growth opportunities if the required rate of return is 10.08 percent? $0.77 $0.84 $0.86 $0.90
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