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The following data relate to a firm; earnings per share $ 10, capitalization rate 10 percent, retention ratio 40 percent. Determine the price per share

The following data relate to a firm; earnings per share $ 10, capitalization rate 10 percent, retention ratio 40 percent. Determine the price per share under Walter's and Gorden's model if the internal rate of return is 15 percent, 10 percent and 5 percent.

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