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For Q16-19. A stock has a required return of 11%. ROE is 8%. The firm's retention ratio is 0.65. The last period's earnings per share
For Q16-19. A stock has a required return of 11%. ROE is 8%. The firm's retention ratio is 0.65. The last period's earnings per share was $12.10. 16. What is the dividend growth rate? 17. Calculate price of stock according to dividend growth model 18. What is the firm's PVGO? 19. What is PVGO if ROE is instead 12%
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