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You are considering the purchase of a stock that yesterday announced EPS of $5.34. If...

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Finance

You are considering the purchase of a stock that yesterday announced EPS of $5.34. If you feel that earnings will decline by about 1.45% per year into the future and you require a return of 7.60%, what would you pay for the stock today?

Group of answer choices

$59.01

$88.09

$85.57

$58.15

Answer & Explanation Solved by verified expert
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