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you expect KT industries will have an earning pers share of $5, and expect they will pay out $1.50 of those earning in the form

you expect KT industries will have an earning pers share of $5, and expect they will pay out $1.50 of those earning in the form of a dividend. KTIs return on new investment is 14% and their equity cost of capital is 10%. the value of KTIs stock is closest to:
$300,000
$450000
$750,000
$900,000

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