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thank you!! 1 points Save Answer Jumbo Transport, an air-cargo company, expects to have earnings per share of $2.00 in the coming year. It decides

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1 points Save Answer Jumbo Transport, an air-cargo company, expects to have earnings per share of $2.00 in the coming year. It decides to retain 10% of these earnings in order to lease new aircraft. The return on this investment will be 25%. If its equity cost of capital is 11%, what is the expected share price of Jumbo Transport? $12.71 $16.94 $21.18 $14.83 A Moving to another question will save this response. Question 4 of 25 Question 5 1 points Save Answer Jumbo Transport, an air-cargo company, expects to have earnings per share of $2.00 in the coming year. It decides to retain 20% of these earnings in order to lease new aircraft. The return on this investment will be 259. If its equity cost of capital is 1596. What is the expected share price of Jumbo Transport $12.80 59.60 $11.20 $16.00 Question 7 1 points Save Answer Sunnyfax Publishing pays out all its earnings and has a share price of 535. In order to expand. Sunnyfax Publishing decides to cut its dividend from $3.00 to $2.00 per share and reinvest the retained funds. Once the funds are reinvested, they are expected to grow at a rate of 1010. If the reinvestment does not affect Sunny ax's equity cost of capital what is the expected share price as a consequence of this decision? 530.35 $37.94 $45.53 $26.56

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