Present value of growth opportunities is equal

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Reference no: EM13331788

The present value of growth opportunities (PVGO) is equal to

I) The difference between a stock's price and its no-growth value per share
II) The stock's price
III) Zero if its return on equity equals the discount rate
IV) The net present value of favorable investment opportunities

I and IV
II and IV
I, III, and IV
II, III, and IV

Reference no: EM13331788

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