The stock of Grogro is currently selling for $13.4 per share…
The stock of Grogro is currently selling for $13.4 per share. Earnings per share in the coming year are expected to be $2.2. The dividend payout ratio is 67%. The investment of the company earn a 18% rate of return (ROE). The situation is expected to continue indefinitely. What is the company’s PVGO?