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undefined Chapter 6 The current book value per share of Trenton Motors is $11.90 and the required return on the stock is 15 percent. The

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Chapter 6 The current book value per share of Trenton Motors is $11.90 and the required return on the stock is 15 percent. The firm expects earnings per share of $1.40 next year with annual earnings growth of 4 percent. What is the current value of this stock

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