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Business, 04.03.2020 01:55 aaroneduke8933

Early in 2015, Mathew is analyzing shares of Janeff Corp. He expects the following dividends per share (end of year). 1. 2015: $1.00 2. 2016: $1.25 3. 2017: $1.50 He expects 2017 earnings per share to be $4.50 and Janeff's P/E ratio to be 20. His required rate of return for this stock is 12%. He should pay no more than:.a) $66.68 per share. b) $71.17 per share. c) $93.75 per share. d) $76.15 per share.

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