1. Calculate the market price of a share of ABC Ltd. under Walters Model from the following...

Question:

1. Calculate the market price of a share of ABC Ltd. under Walter’s Model from the following data:

Earnings per share `5 Dividend per share `3 Cost of Capital 16%

Internal Rate of Return on Investment 20%

Retention ratio 50%

[C.S. Final Dec. 1994]

[Ans. P = `34.375]

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Management

ISBN: 9789352605606

1st Edition

Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana

Question Posted: