Question
Ingram Micro Company forecasts income of $7.40 per share and will pay out 30% as dividends, 20% as a share repurchase and will retain the
Ingram Micro Company forecasts income of $7.40 per share and will pay out 30% as dividends, 20% as a share repurchase and will retain the rest. Its growth rate is 5.6% and required return is 14%. What is the price of a share?
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
1st Edition
0471169196, 978-0471169192
