Question
Gnomes R Us just paid a dividend of $1.74 per share. The company has a dividend payout ratio of 35 percent. If the PE ratio
Gnomes R Us just paid a dividend of $1.74 per share. The company has a dividend payout ratio of 35 percent. If the PE ratio is 15.3 times, what is the stock price?
Multiple Choice
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$9.32
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$26.62
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$76.06
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$40.96
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$58.51
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Principles Of Housing Finance Reform
Authors: Susan M. Wachter, Joseph Tracy
1st Edition
0812248627, 978-0812248623
