Moving to another question will save this response. Question 1 of 25 Puestion 1 2 points GMX Inc is expected to maintain its dividend payout ratio of 90% in the long term. The earnings per share (EPS) of the company are expected to be $250 next year Earnings are expected to grow at a constant rate of 5% per year. The current risk froo rato is 3% the implied equity risk premium is 70%, and the estimated beta of the firm is 20 If the firm is currently trading in the market at a PE of 75 which of the following statements is more likely to be correct OA GMX is overvalued B. More information is needed CGMX is undervalued D.GMX is fairly priced