Caterwallar stock has a sustainable growth rate of 5 percent, ROE of 20 percent, and dividends per

Question:

Caterwallar stock has a sustainable growth rate of 5 percent, ROE of 20 percent, and dividends per share of \($3.00.\) If the P/E ratio is 15, what is the value of a share of stock?

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

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: