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The market value of Monteregie Corporation's 1.1 million outstanding common shares is $22 million. The firm is expected to have earnings of $1,550,000 next year.

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The market value of Monteregie Corporation's 1.1 million outstanding common shares is $22 million. The firm is expected to have earnings of $1,550,000 next year. The 90-day government T-bill yields 3 percent. What is the present value of growth opportunities if the risk premium is 8 percent? $7.19 $8.10 $2.38 $5.24 The market value of Monteregie Corporation's 1.1 million outstanding common shares is $22 million. The firm is expected to have earnings of $1,550,000 next year. The 90-day government T-bill yields 3 percent. What is the present value of growth opportunities if the risk premium is 8 percent? $7.19 $8.10 $2.38 $5.24

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