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The company XYZ has a return on its reinvested earnings (ROE) of 12%. Current EPS is $3.00 and current dividend is $1.00. The required rate

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The company XYZ has a return on its reinvested earnings (ROE) of 12%. Current EPS is $3.00 and current dividend is $1.00. The required rate of return of XYZ's shareholders is 10%. Assuming the company's earnings will grow at a constant rate in the foreseeable future and everything else remain same; What is the value of XYZ per share? 0 50 0 54 52 38 None of the answers provided

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