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Find part 2 of this question 3. Shareholders had a good year, earning a 29% annual rate of return. The P/E ratio today is 10.0
Find part 2 of this question 
3. Shareholders had a good year, earning a 29% annual rate of return. The P/E ratio today is 10.0 and the company just announced earnings per share of $2.50. The company has a 90% payout ratio. 1. Find the dividend per share. $2.50 90% = $ 2.25 2. Find the post dividend stock price Step by Step Solution
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
