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Question 27 (5 points) Green Hill Food (GHF) is expected to earn $5.50 per share during the next fiscal year (one year from now). Analysts

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Question 27 (5 points) Green Hill Food (GHF) is expected to earn $5.50 per share during the next fiscal year (one year from now). Analysts expect the company to continue to maintain its 50% earnings retention (or plowback) ratio. Both earnings and dividends are expected to grow at 7.4% per year for the foreseeable future. If investors require a(n) 11.8% rate of return, what should a share of Green Hill Food stock be worth today? (Use the constant growth model relationship for this problem.) [Enter you answer to two decimal places (e.g. 56.45). Do not enter a dollar sign or other symbols.] Your

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