Question
A company paid 50c dividend on earnings of $2.00 last year. It has debt of $8M, a Book Value of Equity of $200M. There are
A company paid 50c dividend on earnings of $2.00 last year. It has debt of $8M, a Book Value of Equity of $200M. There are 15 Million shares outstanding. Beta is 0.85
What is the ROE?
What is the expected growth rate?
What is the share price assuming constant growth?
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Personal Finance An Integrated Planning Approach
Authors: Ralph R Frasca
8th edition
136063039, 978-0136063032
