Question
LR stock expects earnings per share of R5 and dividends of R3 per share. The expected ROE is 12% per year with a required rate
Calculate the expected growth rate.
Calculate the intrinsic value of the LR stock.
Calculate the Price Earnings ratio.
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Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
13th Edition
9780132738729, 136119468, 132738724, 978-0136119463
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