Question: affirm has $ 1 3 4 , 0 0 0 shares of stock outstanding The Firm expects to earn net income of $ 2 8

affirm has $134,000 shares of stock outstanding The Firm expects to earn net income of $286,000 next year with annual increases of 4% per year thereafter The Firm pays out 7% of his net income and dividends the required rate of return is 16% what is the share price

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