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Question 5 (5 points) XEL has a current market price of $33.41. XEL is expected to have average EPS of $1.94 if it distributed all
Question 5 (5 points) XEL has a current market price of $33.41. XEL is expected to have average EPS of $1.94 if it distributed all earnings as dividends. Its required return is 8.07%. In your written response, please start with question numbers such as a), b), or c) before showing your work and answer to the question. a) What is the no-growth value per share? (2 points) b) What is the market's estimate of the company's value in growth (PVGO)? (1 point) c) What percentage of the market price is attributable to the value of growth? Do you think the company have high or low growth opportunities? (2 points)
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