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Suppose the Year 1 expected EPS of a firm ABC is 11.74. You have the following information: Return on equity (ROE) and the required rate

Suppose the Year 1 expected EPS of a firm ABC is 11.74. You have the following information: Return on equity (ROE) and the required rate of return are both equal to 14.55%. Suppose the payout ratio is 100%.

What is the current price of the stock (P0)?

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