Question
A stock sells for $30. The next dividend will be $3 per share. If the return on equity ROE is a constant 15% and the
A stock sells for $30. The next dividend will be $3 per share. If the return on equity ROE is a constant 15% and the company reinvests 40% of earnings in the firm, what must be the opportunity cost of capital? (Do not round intermediate calculations.)
Cost of Capital ______%
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Technical Analysis Of The Financial Markets
Authors: John J. Murphy
1st Edition
0735200661, 978-0735200661
