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The Estimated EPS and Dividend Per Share (DPS) for Herker

Question 20

Multiple Choice

The estimated EPS and dividend per share (DPS) for Herker Corp. next year are $4 and $2, respectively. Herker's stock price is $92 and analysts estimate Herker's required return at 8%. What is the present value of growth opportunities (PVGO) for Herker?


A) $25
B) $42
C) $50
D) $67

Correct Answer:

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