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Petersons Ltd is currently selling at a price of $23.33. The firm will maintain a plowback or retention ratio of 0.30. Its earnings this year

Petersons Ltd is currently selling at a price of $23.33. The firm will maintain a plowback or retention ratio of 0.30. Its earnings this year will be $2 per share. Investors expect a 12% rate of return on the share. What is the present value of growth opportunities? Select one: 12.00 ,6.66, 10.25, 18.55

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