Question
A firm pays a dividend of $3.50 every year with earnings per share averaging $6 per year. If you required a return of at least
A firm pays a dividend of $3.50 every year with earnings per share averaging $6 per year. If you required a return of at least 15% on invested capital, what is the maximum you would pay for this stock?
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The Handbook Of Structured Finance
Authors: Arnaud De Servigny, Norbert Jobst
1st Edition
0071468641, 978-0071468640
