Question
Assume that a company has an ROE of 15 percent, a growth rate of 4 percent, and a payout ratio of 62 percent. The company
Assume that a company has an ROE of 15 percent, a growth rate of 4 percent, and a payout ratio of 62 percent. The company also has a cost of equity of 10 percent.
What is the forward pricebook multiple? .
What is the trailing pricebook multiple? .
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Personal Finance Turning Money Into Wealth
Authors: Arthur Keown
8th Edition
0134730364, 978-0134730363
