12. Marble Corporation's ROE is 17%. Their dividend payout ratio is 20%. The last dividend, just paid,

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12. Marble Corporation's ROE is 17%. Their dividend payout ratio is 20%. The last dividend, just paid, was $2.58. If dividends are expected to grow by the company's sustainable growth rate indefinitely, what is the current value of Marble common stock if its required return is 18%? Note: retention rate = (1- dividend payout ratio) a. $14.33 b. $18.27 c. $47.67 d. $66.61

Posted Date: Jun 23, 2024 01:06 AM

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12. Marble Corporation's ROE is 17%. Their dividend payout ratio is 20%. The last dividend, just paid,

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