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Posted: **Thu Dec 23, 2021 9:07 am**

: Question 11 Ace Ventura Inc Has Expected Earnings Of 2 Per Share For Next Year The Firm S Roe Is 10 And Its Earn 1 (18.48 KiB) Viewed 26 times

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?"