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Question 6 Not yet answered Marked out of 10 Flag question Westly Co. is expected to pay a dividend of $10 next year which is
Question 6 Not yet answered Marked out of 10 Flag question Westly Co. is expected to pay a dividend of $10 next year which is expected to grow at a constant rate 6% indefinitely. If the company plows back a constant 30% of earnings and investors require a 14% return on company's stock, then the value market places to the company's growth opportunities per share is closest to: Select one: a. $24 b. $22 C. $23 d. $21
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