A company had eps of 5 last year and a po ratio of 50 the, Financial Management

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A company had eps of 5 last year and a po ratio of 50 the

A company had EPS of $5 last year and a PO ratio of 50%. The company's stock price, earnings, and dividends are all growing at a constant rate of 4%. If the required return on the company's stock is 8%, what is the current price per share? Please show work!

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Financial Management: A company had eps of 5 last year and a po ratio of 50 the

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