Shaynnn7659 Shaynnn7659
  • 08-04-2024
  • Business
contestada

Next year's earnings are estimated to be $6. 00. The we company plans to reinvest 33% of its earnings at 12%. If the cost of equity is 8%, what is the present value of growth opportunities?
a. $24. 75
b. $6. 00
c. $44. 44
d. $25. 00
e. $75. 00

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