Man SE is a German commercial vehicle manufacturer. Its DPS and EPS for 2011 were 2 and

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Man SE is a German commercial vehicle manufacturer. Its DPS and EPS for 2011 were €2 and €4.62, respectively. The RoE of the firm was 11.85 per cent and the share price is €99.63. How would you calculate the appropriate discount rate for the firm’s equity?

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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