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The current book value per share of B.L. Black & Sons is $5.65 and the required return on the stock is 16 percent. The firm

The current book value per share of B.L. Black & Sons is $5.65 and the required return on the stock is 16 percent. The firm expects earnings per share of $1.85 next year with annual earnings growth of 4.5 percent. What is the current market value of this stock? (Points : 1) $9.16 $10.91 $13.88 $18.18 $20.30

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