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solve and draw timeline (Quantitative Question) You expect KT industries (KT) will have earnings per share of $3 this year (t-1) and expect that they

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(Quantitative Question) You expect KT industries (KT) will have earnings per share of $3 this year (t-1) and expect that they will pay out 51.20 of these earnings to shareholders in the form of a dividend. Kir's return on new investments is 15% and the required rate of return on the company's stockis 13. What is the value of a share of its stock today it - if the payout ratio and return on new investments remain constant and dividends are paid annually What is the value of a share of KIT's stock today to the payout ratio and return on new investments remain constant and dividends are paid annually (found to 2 decimal places) write your answer both in the spaces above and on the empty pages on which you will show your work for each part (including timelines

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