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Plz the last question Fortress of Solitude Co. expects an earnings per share of $1.04 and reinvests 25% of its earnings. Management projects a rate
Plz the last question
Fortress of Solitude Co. expects an earnings per share of $1.04 and reinvests 25% of its earnings. Management projects a rate of return of 12% on new projects and investors expect a 10% rate of return on the stock. What is the sustainable growth rate? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below rounded to 2 DECIMAL PLACES 3 :30.01% : Click "Verify" to proceed to the next part of the question. Given a sustainable growth rate of 3%, what is the price of the stock with growth? Enter your response below rounded to 2 DECIMAL PLACES 11.14 EF 11.14+0 Click "Verify" to proceed to the next part of the question. What would be the price of the stock with no growth? Enter your response below rounded to 2 DECIMAL PLACES. 10.4 :10.4 : Click "Veriy" to proceed to the next part of the question. Given that the price of the stock with growth is $11.14 and that the price with no growth is $10.40, what is the present value of growth opportunities (PVGO)? Enter your response below rounded to 2 DECIMAL PLACES, Click "Verily" to proceedStep by Step Solution
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