QUESTION 11 "Ace Ventura, Inc., has expected earnings of $2 per share for next year. The firm's ROE is 10%, and its earn
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QUESTION 11 "Ace Ventura, Inc., has expected earnings of $2 per share for next year. The firm's ROE is 10%, and its earn
QUESTION 11 "Ace Ventura, Inc., has expected earnings of $2 per share for next year. The firm's ROE is 10%, and its earnings retention ratio is 7.5%. If the firm's market capitalization rate is 2%, what is the present value of its growth opportunities?"