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Suppose Delightful Inc.'s present value of growth opportunities per share is $6 and its current share price is $18. What is the firm's required rate

Suppose Delightful Inc.'s present value of growth opportunities per share is $6 and its current share price is $18.

What is the firm's required rate of return if its expected EPS (earnings per share) is $2.25?

a) 9.38%

b) 12.16%

c) 15.42%

d) 18.75%

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