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The Crash, Inc. has an ROE of 1 2 % , a payout ratio of 6 0 % , earnings next year of $ 8

The Crash, Inc. has an ROE of 12%, a payout ratio of 60%, earnings next year of $8 per share, a required return of 18%, and a current price of $36.36 Find the Present Value of Growth Opportunities for Crash.
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