The Diamond Outlet has current earnings per share of $1.96 and an expected earnings growth...
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Accounting
The Diamond Outlet has current earnings per share of $1.96 and an expected earnings growth rate of 2.2 percent. The required return on the stock is 13 percent and the current book value per share is $12.70. What is the current market value of this stock?
$15.62
$16.67
$15.07
$16.31
$15.96
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