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Plllz answers Time left 0:15:33 Jane Austin Company has an ROE of 10% and a beta of 1.5. It plans to maintain indefinitely its plowback
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Time left 0:15:33 Jane Austin Company has an ROE of 10% and a beta of 1.5. It plans to maintain indefinitely its plowback ratio of 0.80. Next year's earnings will be $5 per share. It is estimated that the coming year's market return is 16%, and T-bills rate currently is 4% Calculate the present value of growth opportunities. 1 A BIStep by Step Solution
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