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NORDAM Group, a firm that specializes in the design and manufacturing of aircraft components, has...

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NORDAM Group, a firm that specializes in the design and manufacturing of aircraft components, has 140 million shares outstanding and analysts expect NORDAM to have earnings of $450 million this coming year (t=1). NORDAM plans to pay out 56% of its earnings in dividends and they expect to use another 11% of their earnings to repurchase shares, NORDAM's equity cost of capital is 10%. Its earings are expected to grow at a rate of 3% per year and these payout rates are expected to remain constant. What is the value of one share of NORDAM stock today? O A. $2154 OB. $25.71 OC. $45.92 OD. $5.05 O E. $30.77 OF. None of the above answers is within 30.05 of the correct

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