=1/You buy a stock which has the following features: price: 500 EPS: 33.3 payout
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=1/You buy a stock which has the following features: ◦ price: €500 ◦ EPS: €33.3 ◦ payout ratio: 25% ◦ projected EPS growth 15% What will EPS have to be equal to in year 3 for you to get a 12% return on your investment? What will the share be worth then?
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Related Book For
Corporate Finance Theory And Practice
ISBN: 9781118849330
4th Edition
Authors: Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi
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