Question: You expect KT industries ( KTI ) will have earnings per share of $ 5 $ 5 this year and expect that they will pay

You expect KT industries (KTI) will have earnings per share of $ 5$5 this year and expect that they will pay out $ 1.5$1.5 of these earnings to shareholders in the form of a dividend. KTI's return on new investments is 1616% and their equity cost of capital is 1515%. The value of a share of KTI's stock today is closest to ________.Question content area bottomPart 1A.$ 39.47$ 39.47$39.47B.$ 15.79$ 15.79$15.79C.$ 23.68$ 23.68$23.68D.$ 47.36$ 47.36$47.36

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