Question
AssumingSunlandCorp. has an ROE of10% and investors require a9% return on shares, estimate the firm's P/E ratio and market price given an EPS of $2.00and
AssumingSunlandCorp. has an ROE of10% and investors require a9% return on shares, estimate the firm's P/E ratio and market price given an EPS of $2.00and a20% payout ratio.(Round answers to 2 decimal places, e.g. 5.25.)
- P/E ratio
- Market price$
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
