23. P/E Ratios. No-Growth Industries pays out all of its earnings as dividends. It will pay its...

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23. P/E Ratios. No-Growth Industries pays out all of its earnings as dividends. It will pay its next $4 per share dividend in a year. The discount rate is 12%. (LO4)

a. What is the price-earnings ratio of the company?

b. What would the P/E ratio be if the discount rate were 10%?

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Fundamentals Of Corporate Finance

ISBN: 9780073382302

6th Edition

Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus

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Question Posted: Jul 31, 2024 11:01 AM

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23. P/E Ratios. No-Growth Industries pays out all of its earnings as dividends. It will pay its...

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Fundamentals Of Corporate Finance

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