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What is the PVGO for a firm that earned $3.00/share this year, will pay out 45% of its earnings, has 8% cost of equity, and
What is the PVGO for a firm that earned $3.00/share this year, will pay out 45% of its earnings, has 8% cost of equity, and a growth rate of 2%?
a) $8.12
b) $6.08
c) $5.71
d) $4.59
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
16th edition
1337902608, 978-1337902601
