Question
Tri-coat Paints has a current market value of $33 per share with earnings of $2.94. What is the present value of its growth opportunities (PVGO)
Tri-coat Paints has a current market value of $33 per share with earnings of $2.94. What is the present value of its growth opportunities (PVGO) if the required return is 9%? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
| PVGO | $ |
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Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
6th Edition
0321113624, 978-0321113627
