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Return on equity of company S is 16%. Company retains 58% of earnings. The required rate of return of the company is 12%. The number
Return on equity of company S is 16%. Company retains 58% of earnings. The required rate of return of the company is 12%. The number of shares outstanding in the company is 5,000 and the company will pay dividends of $8,400 from earnings. What is the present value of growth opportunities?
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
