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Next company reinvests 65% of its annual earnings in projects that provide an ROE of 14% and the firm's market capitalization rate is 12%.
Next company reinvests 65% of its annual earnings in projects that provide an ROE of 14% and the firm's market capitalization rate is 12%. The firm's year-end dividend will be $1.75 per share. The P/E ratio of Next is:
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The PriceEarnings PE ratio is calculated by dividing the market price per share by the earnings per ...
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Essentials of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
9th edition
78034698, 978-0077502287, 77502280, 978-0078034695
