Kti you expect kt industries kti will have earnings per

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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. KTI''s return on new investments is 15% and their equity cost of capital is 12%. Please determine the value of a share of KTI''s stock.

Reference no: EM13612711

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