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(couldnt fit full image so i will type the question) AFW Industries has 201 million shares outstanding and expects earnings at the end of this
(couldnt fit full image so i will type the question) AFW Industries has 201 million shares outstanding and expects earnings at the end of this year of $701 million. AFW plans to pay out 56% of its earnings in total, paying 39% as a dividend and using 17% to repurchase shares. If AFW's earnings are expected to grow by 7.6% per year and these payout rates remain constant, determine AFW's share price assuming an equity cost of capital of 12.9%. The price per share will be $ (Round to the nearest cent.) 
AFW Industries has 201 million shares outstanding and expects eamings at the end of this year of 5701 million. AFW plans to pay out 56% of its earnings in total, paying 39% as a dividend and year and these payout rates remain constant, determine AFWs share perce assuming an equity cost of capital of 12.9%. The price per share will be s (Round to the nearest cent.)
AFW Industries has 201 million shares outstanding and expects earnings at the end of this year of $701 million. AFW plans to pay out 56% of its earnings in total, paying 39% as a dividend and using 17% to repurchase shares. If AFW's earnings are expected to grow by 7.6% per year and these payout rates remain constant, determine AFW's share price assuming an equity cost of capital of 12.9%.
The price per share will be $
(Round to the nearest cent.)
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Public Finance
Authors: Charles Francis Bastable
1st Edition
1375520083, 978-1375520089
