Question
Assuming Wildhorse Corp. has an ROE of 12% and investors require a 11% return on shares, estimate the firms P/E ratio and market price given
Assuming Wildhorse Corp. has an ROE of 12% and investors require a 11% return on shares, estimate the firms P/E ratio and market price given an EPS of $2.00 and a 25% payout ratio. (Round answers to 2 decimal places, e.g. 5.25.)
| P/E ratio | ||
| Market price | $ |
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
14th edition
007745443X, 978-0073530727, 73530727, 978-0077454432
