Question: Problem 1 8 - 1 1 ( Algo ) Sisters Corporation expects to earn $ 4 2 per share next year. The firm's ROE is

Problem 18-11(Algo)
Sisters Corporation expects to earn $42 per share next year. The firm's ROE is 15% and its plowback ratio is 60%. Assume the firm's market capitalization rate is 10%.
What is the present value of its growth opportunities?
Present value of growth opportunities
Problem 18-11(Algo) Sisters Corporation expects to earn $42 per share next

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