Question
Dividend payout ratio of stock A is 65 percent. The last dividend distributed by the corporation was $1.4. The rate of return on equity is
Dividend payout ratio of stock A is 65 percent. The last dividend distributed by the corporation was $1.4. The rate of return on equity is 18 percent. The investor requires a 10 percent return on this stock. What is the price of this stock?
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Handbook Of Project Finance For Water And Wastewater Systems
Authors: Michael Curley
1st Edition
0873714865, 978-0873714860
