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Question: 1 p 16 of 45 (10 complete) This Test 15 pts alance Electronics has 213 million shares outstanding it expects earnings at the end
Question: 1 p 16 of 45 (10 complete) This Test 15 pts alance Electronics has 213 million shares outstanding it expects earnings at the end of the year of 5720 million Valence pays out 10% of its earnings in total 15% paid out as dividends and used to repurchase shares alence's earnings are expected to grow by 6% per year, these payout rates do not change and Valence's equity cost of capital is what is Valence's share price? O A $4507 OB. $1352 OC. 56.76 OD. $3506
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