Use the Following Information to Answer the Question(s)below

question 30

Multiple Choice

Use the following information to answer the question(s) below.
Taggart Transcontinental pays no dividends,but spent $4 billion on share repurchases last year.Taggart's equity cost of capital is 13% and the amount spent on repurchases is expected to grow by 5% per year.Taggart currently has 2 billion shares outstanding.
-Taggart's stock price is closest to:

• A)$12.50.
• B)$15.40.
• C)$20.00.
• D)$25.00.

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Definitions:

Metric Dose/Strength

Metric Dose/Strength is a measurement of the amount or concentration of a drug or medication, typically quantified within the metric system of units such as milligrams or micrograms.

Medication Order

Instructions written by a healthcare provider that authorize a pharmacist to dispense a specific medication to a patient, including dosage and duration.

Diphenhydramine

An antihistamine drug used to relieve symptoms of allergy, hay fever, and the common cold.

BenaZEPRIL

BenaZEPRIL is a medication used primarily to treat high blood pressure by helping to relax blood vessels.