Question
Craw CO. at the end of the year will have EPS of $4 and if the firm has a cost of capital of 13%, answer
Craw CO. at the end of the year will have EPS of $4 and if the firm has a cost of capital of 13%, answer the following:
4) If the firm decides to pay out all earning as dividends what would todays firm value be? (choose the closest answer)
A) 26.7
B) 30.8
C) 4.5
D) 32.4
E) 54.5
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th Edition
1260772381, 978-1260772388
