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Q 1 0 You expect that Bean Enterprises will have earnings per share of $ 3 . 0 for the coming year. Bean plans to
Q You expect that Bean Enterprises will have earnings per share of $ for the coming year. Bean plans to retain all of its earnings for the next three years. For the subsequent two years, the firm plans on retaining of its earnings. It will then retain only of its earnings from that point forward.. If Bean's equity cost of capital is then the price of a share of Bean's stock is closest to:
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