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can you answer this question for me please? An analyst has gathered the following information for the Oudin Corporation: Expected earnings per share = 5.39
can you answer this question for me please?
An analyst has gathered the following information for the Oudin Corporation:
Expected earnings per share = 5.39
Expected dividends per share = 2.28
Dividends are expected to grow at 2.89 percent per year indefinitely
The required rate of return is 7.65 percent
Based on the information provided, compute the price/earnings multiple for Oudin
(Enter your answer as a number with two decimal places, like this: 12.34)
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