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Question 9 1 pts Leront's, Inc. had earnings per share of $3.00. The company plows back 60% of its earnings onto projects returning 12%. If

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Question 9 1 pts Leront's, Inc. had earnings per share of $3.00. The company plows back 60% of its earnings onto projects returning 12%. If you require a rate of return of 10%, how much are you willing to pay today to purchase one share of Leront's stock? $

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