In 2021, DTE had an ROE of 8.15 percent, EPS of $4.69, and a per-share dividend of

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In 2021, DTE had an ROE of 8.15 percent, EPS of $4.69, and a per-share dividend of D0 = $3.56. Assuming a 5.5 percent discount rate, what is the value of DTE’s stock?

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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