Question
A company is expected to have earnings per share of $3.62 this year and to pay a dividend of $2.43. The discount rate for the
A company is expected to have earnings per share of $3.62 this year and to pay a dividend of $2.43. The discount rate for the stock is 15.2% and the rate of return on reinvested earnings is 18.3%. What is the sustainable growth rate? Enter your answer as a percentage. Do not include the percentage sign in your answer.
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Municipal Finances A Handbook For Local Governments
Authors: Catherine D. Farvacque-Vitkovic, Mihaly Kopanyi
1st Edition
082139830X, 978-0821398302
