Question: 31 Beta stock does not pay any dividends as yet. 32 The firm has a required return of 18.2% on its investment opportunities. 33 Your

 31 Beta stock does not pay any dividends as yet. 32

31 Beta stock does not pay any dividends as yet. 32 The firm has a required return of 18.2% on its investment opportunities. 33 Your research has found that comparable firms that actually do pay dividends, have a 34 dividend payout ratio of 48.00% 35 The firm also has expected earnings per share of $3.24 36 Beta Company has an ROE of 26.0% 37 What is the approximate present value of the Growth opportunity (PVGO)? a. Approximate PVGO = $16.43 b. Approximate PVGO = $17.80 O c. Approximate PVGO = $15.43 d. Approximate PVGO = $33.23 =

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