Question
Caterpillar Corporation just paid a dividend of $15 per share out of earnings of $60 per share. If the book value per share is
Caterpillar Corporation just paid a dividend of $15 per share out of earnings of $60 per share. If the book value per share is $150, and its market price is $975 per share, calculate the required rate of return on the stock.
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
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