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You expect KT industries (KTI) will have earnings per share of $3 this year and expect that they… 1 answer below » 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 Sep 08 2015 12:58 PM
