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Up and Comping Corp has expected earnings of $4 per share for next year. The firm's ROE is 20% and its earnings retention ratio is
Up and Comping Corp has expected earnings of $4 per share for next year. The firm's ROE is 20% and its earnings retention ratio is 54%. If the firm's market capitalization rate is 15%, what is the present value of its growth opportunity
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Auditing A Business Risk Approach
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
8th edition
978-0538476232
