Question: Question 5 2 pts GRF Co is expected to have a 5 percent growth rate per year forever and a constant retention ratio. If GRF

Question 5 2 pts GRF Co is expected to have a

Question 5 2 pts GRF Co is expected to have a 5 percent growth rate per year forever and a constant retention ratio. If GRF just paid a $3.00 dividend and the appropriate discount rate is 15 percent, then what is the value of a share of GRE? $31.50 $13.50 $42.50 $14.50 None of these alternatives

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