Question
A company is expected to earn $3.52 per share this year. The company has a dividend payout ratio of 50%, book value per share of
A company is expected to earn $3.52 per share this year. The company has a dividend payout ratio of 50%, book value per share of $33.5 and a P/E ratio of 15. What should one share of common stock be selling for in the market?
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Multinational Financial Management
Authors: Alan C. Shapiro
7th Edition
0471395307, 9780471395300
