Question: Corp expects to earn $ 4 per share next year abd plows back 2 1 . 8 8 % of its earnings. The dividends are

Corp expects to earn $4 per share next year abd plows back 21.88% of its earnings. The dividends are expected to grow at a constant growth rate and the stock are currently priced at $30 per share. How much of the stocks $30 price is reflected in present value of growth opportunities (PVGO) if the investors required rate of return is 20%

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