Sisters Corp expects to earn $6 per share next year. The firm's ROE is 15% and its

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Sisters Corp expects to earn $6 per share next year. The firm's ROE is 15% and its plowback ratio is 60%. If the firm's market capitalization rate is 10%, what is the present value of its growth opportunities?

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Essentials of Investments

ISBN: 978-0078034695

9th edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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