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Sisters Corporation expects to earn $ 2 8 per share next year. The firm s ROE is 1 0 % and its plowback ratio is

Sisters Corporation expects to earn $28 per share next year. The firms ROE is 10% and its plowback ratio is 40%. Assume the firms market capitalization rate is 10%.
What is the present value of its growth opportunities?
Present Value of growth opportunities=

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