What is the PVGO imbedded in the stock

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A company currently has maintained an ROE of 16% by paying out 30% of earnings and reinvesting the remainder. Last year the company earned $3.00 and declared a dividend of 90 cents. If the discount rate on the company’s stock is 12%, what is the PVGO imbedded in the stock.

Reference no: EM131925252

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