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the company will earn $3 per share next year and should be able to pay 25% as dividend. the company is expected to growth at

the company will earn $3 per share next year and should be able to pay 25% as dividend. the company is expected to growth at 7% for 5 years, and then frowth at 5% in the long term. cost of equity of 12%. what is the present value of growth opportunity for this company?

a. 5.34

b.-5.34

c.13.41

d.-13.41

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