Multiple Choice
If a company has a current stock price of $60, an EPS of $2.50/share; EPS growth rate of 20% and the investors rate of return is 18%, calculate the cash cow price.
A) $13.09
B) $13.49
C) $13.89
D) $14.29
E) $14.69
Correct Answer:
Verified
Correct Answer:
Verified
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