Question
A company's current share price is $60, has earnings next year (i.e., E1) of $3.00 per share, and the market rate of interest is 15%.
A company's current share price is $60, has earnings next year (i.e., E1) of $3.00 per share, and the market rate of interest is 15%. The company'sratio of NPVGO (net present value of growth opportunities) to share priceis:
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Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
13th Edition
9780132738729, 136119468, 132738724, 978-0136119463
