16. Osseo Operations recently paid an annual dividend of$4 per share. Earnings for the same year were

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16. Osseo Operations recently paid an annual dividend of$4 per share. Earnings for the same year were $8 per share. The required return on stocks with similar risk is 11%. Dividends are expected to grow 6% per year indefinitely. Calculate Osseo's

"n o rmal" price-earnings ratio.

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Investments

ISBN: 9788120321014

6th Edition

Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey

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Question Posted: Jul 25, 2024 06:05 AM

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16. Osseo Operations recently paid an annual dividend of$4 per share. Earnings for the same year were

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Investments

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