You buy a stock which has the following features: price: 500 EPS: 33.3 payout ratio: 25% projected
Question:
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?
AppendixLO1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Corporate Finance Theory And Practice
ISBN: 9781119841623
6th Edition
Authors: Pascal Quiry, Yann Le Fur, Pierre Vernimmen
Question Posted: