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Tri-coat Paints has a current market value of $48 per share with earnings of $4.76. What is the present value of its growth opportunities (PVGO)

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Tri-coat Paints has a current market value of $48 per share with earnings of $4.76. What is the present value of its growth opportunities (PVGO) if the required return is 10%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) PVGO s

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