bestion Completion Status: QUESTION 5 You expect KT Industries (KTI) will have earnings per share...
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bestion Completion Status: QUESTION 5 You expect KT Industries (KTI) will have earnings per share of $3 this year and expect that they will pay out $1.50 of these earnings to shareholders in the form of a dividend. Kli's return on new investments is 15% and their equity cost of capital is 12%. The value of a share of KTI's stock is closest to: $39.25 $20.00 $33.35. $12.50 $25.50
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