### PVGO: Compute the capitalized value of EPS in a no-growth policy

Presume the per share PVGO of a firm's common stock is computed as $44, and the firm's current market price is $56. This implies that the capitalized value of the earnings per share the firm is expected to generate under a no-growth policy is: a) $12 b) $44 c) $50 d) $56 e) $100