Question
Aces High Airline Supply generates a rate of return of 18% on its investments and maintains a plowback ratio of 20%. It's earnings this year
Aces High Airline Supply generates a rate of return of 18% on its investments and maintains a plowback ratio of 20%. It's earnings this year will be $3 per share. Investors expect 10% retun on the stock. What is the price of the company?
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Fundamentals Of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
3rd Edition
0321541642, 9780321541642
