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Unicorn, Inc. has expected earnings of $2 per share for next year. The firm's ROE is 15%, and its earnings retention ratio is 40%. If

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Unicorn, Inc. has expected earnings of $2 per share for next year. The firm's ROE is 15%, and its earnings retention ratio is 40%. If the required rate of return is 9.5%, what is the present value of its growth opportunities? $10.00 $13.23 $15.30 $11.49

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