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QUESTION 13 Company F will have earnings per share of $6 this year and expect that they will pay out $3 of these earnings to

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QUESTION 13 "Company F will have earnings per share of $6 this year and expect that they will pay out $3 of these earnings to shareholders in the form of a dividend. Company F's return on new investments is 8% and their equity cost of capital is 7%. The value of Company F's stock is Note: Express your answers in strictly numerical terms. For example, if the answer is $500, enter 500 as an

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