Multiple Choice
If a company has a current stock price of $25, an EPS of $2.75/share; EPS growth rate of 15% and the investors rate of return is 20%, calculate the cash cow price.
A) $13.75
B) $14.50
C) $15.25
D) $16.00
E) $16.75
Correct Answer:
Verified
Correct Answer:
Verified
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