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CKS Corporation just announced (and paid dividend out of) an EPS of $21.00 this morning. CKS Corporation has a tradition of distributing 60% of

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CKS Corporation just announced (and paid dividend out of) an EPS of $21.00 this morning. CKS Corporation has a tradition of distributing 60% of its EPS as dividend. The cost of equity for CKS stock is 16% and the return on retained earnings (RORE) is 20%. Under these circumstances, what is the NPVGO of CKS stock? $31.05 $29.95 $28.35 $25.05 $26.25

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EPS announced 21 CKS pays out 60 of EPS as dividend So dividendshare 06 21 126... blur-text-image

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