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Northsea Inc. is an all-equity firm and it has been paying outall its earnings as dividend. Northsea??s cost of capital is 10%,and its last Earnings

Northsea Inc. is an all-equity firm and it has been paying outall its earnings as dividend. Northseaâ??s cost of capital is 10%,and its last Earnings Per Share is $4.50. (a) Assuming Northseakeeps 2 answers

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