If a company has a current stock price of $78, an EPS of $1.10/share; EPS growth rate of 20% and the investors rate of return is 11.50%, calculate the cash cow price.
A) $8.57
B) $9.57
C) $10.57
D) $11.57
E) $12.57

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The Answer of If a company has a current stock price of $78, an EPS of $1.10/share; EPS growth rate of 20% and the investors rate of return is 11.50%, calculate the cash cow price.
A) $8.57
B) $9.57
C) $10.57
D) $11.57
E) $12.57

If a Company Has a Current Stock Price of $78