Question
Assume a company's upcoming dividends are $1.5 per share, and is expected to growth at an annual rate of 2%. Its cost of equity is
Assume a company's upcoming dividends are $1.5 per share, and is expected to growth at an annual rate of 2%. Its cost of equity is 6%, and its upcoming earnings per share is expected to be $2. This company's forward P/E ratio is _______________ (Please keep 2 decimals). Show your calculations.
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To calculate the forward PE ratio of the company we will use the ...
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Managerial Economics
Authors: Mark Hirschey
12th edition
9780324584844, 324588860, 324584849, 978-0324588866
