Question
A firms earnings per share is $6.36. It just paid a dividend of $2.75, and expects its next dividend to be $2.79. Its shares are
A firms earnings per share is $6.36. It just paid a dividend of $2.75, and expects its next dividend to be $2.79. Its shares are currently priced at $34.79. If the firms ROE is 8.39%, what is the required rate of return on the stock?
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Financial Times Handbook Of Corporate Finance A Business Companion To Financial Markets Decisions And Techniques
Authors: Glen Arnold
2nd Edition
0273726560, 978-0273726562
