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You expect KT industries (KTU) will have earnings per share of 96 this year and expect that they will pay out $2.25 of these earnings

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You expect KT industries (KTU) will have earnings per share of 96 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 13% and their equity cost of capital is 15%. The value of a share of KTI's stock is closest to OA. 539.28 OB $19.64 OC. $32.73 D. $13.09

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