Question: Corp expects to earn $ 3 . 3 per share next year and plow back 2 4 . 2 4 % of its earnings (
Corp expects to earn $ per share next year and plow back of its earnings ie it expects to pay out a dividend of $ per share, representing of its earnings The dividends are expected to grow at a constant sustainable growth rate and the stocks are currently priced at $ per share. How much of the stock's $ price is reflected in Present Value of Growth Opportunities PVGO if the investors' required rate of return is $
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