Question: Question 2 FLAG QUESTION Vaccine Development Corp (VDC) is expected to have EPS of $10.40 in Year 3 and to retain 56% of its earnings
Question 2 FLAG QUESTION Vaccine Development Corp (VDC) is expected to have EPS of $10.40 in Year 3 and to retain 56% of its earnings at the end of Year 3. VDC has a 14% equity com of capital and you expect its share price at the end of Year 3 to be $98, what would you be willing to pay for a share of stock at the beginning of Year 3? (round to the nearest cent: Sxx.xx) Answers 1 - 1 I 1
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