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Google is expected to have earnings over the next year of $10/share (E1 = 10). They are expected to maintain an ROE of 20% forever,
Google is expected to have earnings over the next year of $10/share (E1 = 10). They are expected to maintain an ROE of 20% forever, i.e., in perpetuity. The payout ratio is expected to be 0% for the ...
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Understanding Financial Statements
Authors: Lyn Fraser, Aileen Ormiston
11th edition
133874036, 978-0133874037
