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Company A distributed as dividend all its earnings in previous years, including last year's earnings, that were $25 million. From now on a new policy

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Company A distributed as dividend all its earnings in previous years, including last year's earnings, that were $25 million. From now on a new policy will apply, so in the end of this year the company will distribute as dividend 80% of its earnings. Assume that the ROE is 22% and that the cost of capital is 10%. If Company A has 2 million shares outstanding, what will be company A share price after next dividend ditribution? Responda apenas com o valor da resposta, em $, com duas casas decimais; ex. 7,38. Company A distributed as dividend all its earnings in previous years, including last year's earnings, that were $25 million. From now on a new policy will apply, so in the end of this year the company will distribute as dividend 80% of its earnings. Assume that the ROE is 22% and that the cost of capital is 10%. If Company A has 2 million shares outstanding, what will be company A share price after next dividend ditribution? Responda apenas com o valor da resposta, em $, com duas casas decimais; ex. 7,38

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