Question
Growth Rate: Based on Past Dividends Patterns 5(3,079,000/1,236,000) - 1 =20% Ke = 4.1(1.2) + .2 = 22.8% 171 How do you get 20% Where
Growth Rate:
Based on Past Dividends Patterns 5(3,079,000/1,236,000) - 1 =20%
Ke = 4.1(1.2)+ .2 = 22.8%
171
How do you get 20%
Where does 4.1 come from?
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
4th Canadian edition
1118856996, 978-1118856994
