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Joker stock has a sustainable growth rate of 7 percent, ROE of 16 percent, and dividends per share of $3.40. If the P/E ratio is
Joker stock has a sustainable growth rate of 7 percent, ROE of 16 percent, and dividends per share of $3.40. If the P/E ratio is 19.7, what is the value of a share of stock?
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Financial Management Principles And Applications
Authors: Arthur J. Keown
9th Edition
013033362X, 9780130333629
