12. Next year, BHH Co. is expected to pay a dividend of $3 per share from earnings...
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12. Next year, BHH Co. is expected to pay a dividend of $3 per share from earnings of $5 per share. The equity cost of capital for BHH is 12%. What should BHH's forward P/E ratio be if its dividend growth rate is expected to be 4% for the foreseeable future?
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Jinah Patricia Padilla
Had an experience as an external auditor in Ernst & Young Philippines and currently a Corporate Accountant in a consultancy company providing manpower to a 5-star hotel in Makati, Philippines, Makati Diamond Residences
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781292018409
3rd Global Edition
Authors: Berk, Peter DeMarzo, Jarrad Harford
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