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Next year's eamings are estimated to be $5. The company plans to reinvest 20% of its earnings at 15%. if the cost of equity is

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Next year's eamings are estimated to be $5. The company plans to reinvest 20% of its earnings at 15%. if the cost of equity is 8%, what is the present value of growth opportunities? Misiple Choke $1650 $1850 5750 $8.08

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