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You expect KT industries (KTI) will have earnings per share of $4 this year and expect that they will pay out $2.25 of these earnings

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You expect KT industries (KTI) will have earnings per share of $4 this year and expect that they will pay out $2.25 of these earnings to shareholders in the form of a dividend. KTI's return on new investments is 16% and their equity cost of capital is 11%. The value of a share of KTI's stock is closest to: O A. $22.50 OB. $33.75 O C. $67.50 D. $56.25 You expect KT industries (KTI) will have earnings per share of $4 this year and expect that they will pay out $2.25 of these earnings to shareholders in the form of a dividend. KTI's return on new investments is 16% and their equity cost of capital is 11%. The value of a share of KTI's stock is closest to: O A. $22.50 OB. $33.75 O C. $67.50 D. $56.25

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