Joker stock has a sustainable growth rate of 6 percent, ROE of 17 percent, and dividends per

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Joker stock has a sustainable growth rate of 6 percent, ROE of 17 percent, and dividends per share of $1.65. If the P/E ratio is 19, what is the value of a share of stock?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Question Posted: Sep 19, 2012 04:37 AM

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Joker stock has a sustainable growth rate of 6 percent, ROE of 17 percent, and dividends per

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Fundamentals of Investments Valuation and Management

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