Question: Question Completion Status: > Moving to another question will save this response. Question 27 of 2 Question 27 4 points Save and Ray Inc.'s earnings

 Question Completion Status: > Moving to another question will save this

Question Completion Status: > Moving to another question will save this response. Question 27 of 2 Question 27 4 points Save and Ray Inc.'s earnings last year were 55 per share. Its expected ROE is 16%. Ray's plowback ratio is 40%. The cost of equity is 12%. What is the present value of growth opportunities? A $15 OB513 c $53 . 591 -> Moving to another question will save this response. Question 27 of 32 20

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