Huron manufacturing plans to pay a dividend of 5 per share


Huron Manufacturing plans to pay a dividend of $5 per share. The growth rate is 7 percent and the discount rate is 12 percent. What is the present value of growth opportunities (PVGO)?

A. $100                

B. No idea          

C. $58.33             

D. $41.67

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Financial Management: Huron manufacturing plans to pay a dividend of 5 per share
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