If a company has a current stock price of $40, an EPS of $1.5/share; EPS growth rate of 15% and the investors rate of return is 10%, calculate the cash cow price.
A) $15.00
B) $15.50
C) $16.00
D) $16.50
E) $17.00

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The Answer of If a company has a current stock price of $40, an EPS of $1.5/share; EPS growth rate of 15% and the investors rate of return is 10%, calculate the cash cow price.
A) $15.00
B) $15.50
C) $16.00
D) $16.50
E) $17.00

If a Company Has a Current Stock Price of $40