Question: #7 pls help You expect KT industries ( KTI ) will have earnings per share of $6 this year and expect that they will pay
#7 pls help

You expect KT industries ( KTI ) will have earnings per share of $6 this year and expect that they will pay out $2.25 of these earnings to shareholders in the form of a dividend. KTl's return on new investments is 13% and their equity cost of capital is 11%. The value of a share of KTl's stock today is closest to A. $93.11 B. $77.59 C. $46.55 D. $31.04 You expect KT industries ( KTI ) will have earnings per share of $6 this year and expect that they will pay out $2.25 of these earnings to shareholders in the form of a dividend. KTl's return on new investments is 13% and their equity cost of capital is 11%. The value of a share of KTl's stock today is closest to A. $93.11 B. $77.59 C. $46.55 D. $31.04
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