Question
Git, Inc. is expected to have EPS in the upcoming year of $8.8. The expected ROE is 12.5%. An appropriate required return on the stock
Git, Inc. is expected to have EPS in the upcoming year of $8.8. The expected ROE is 12.5%. An appropriate required return on the stock is 12.5%. If the firm has a plowback ratio of 78%, what is the expected dividend in the upcoming year?
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
2nd edition
9781305727557, 1285453824, 9781337116619, 130572755X, 978-1285453828
