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Emma International Has Earnings Per Share of $3

Question 86

Multiple Choice

Emma International has earnings per share of $3.29; just paid dividend $1.25 and expects a ROI next year (and the foreseeable future) of 14%.If the appropriate discount rate is 20% what is the intrinsic value of the stock?


A) $25.540
B) $12.002
C) $11.043
D) Not enough information

Correct Answer:

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