Abcs stock trades at 70 next years earnings are going to be


Question: ABC's stock trades at $70, next year's earnings are going to be $7, earnings are growing at 5%, and the required rate of return is 14%. The Present Value of Growth Opportunities (PVGO), equal to the excess of the stock price over the no growth value is?

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Finance Basics: Abcs stock trades at 70 next years earnings are going to be
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