What is the PVGO for a stock with a current price of $42, expected earnings of $5.20 per share, and a required return of 20%?

a. $16.00
b. $8.40
c. $26.00
d. $21.00

Ans: a. $16.00

Business

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How is a geocentric staffing policy beneficial to a firm?

A. It requires the firm to provide little or no documentation to hire a foreign national. B. It is inexpensive to implement. C. It helps the firm follow a localization strategy. D. It allows all key management positions to be filled by parent-country nationals. E. It enables the firm to make the best use of its human resources.

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