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GHL, Inc., has a dividend payout ratio of 45%. Its cost of equity is 10.9% and its dividend growth rate is 4.8%. If its forward
GHL, Inc., has a dividend payout ratio of 45%. Its cost of equity is 10.9% and its dividend growth rate is 4.8%. If its forward EPS is $6.37, what is your estimate of its stock price? What are the dividends per share for next year? \$ (Round to the nearest cent.) The price per share is $ (Round to the nearest cent.) Step by Step Solution
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Money Banking And Financial Markets
Authors: Stephen G. Cecchetti
2nd International Edition
0071287728, 9780071287722
