Question
Next year, BHH Co. is expected to pay a dividend of $2.93 per share from earnings of $4.81 per share. The equity cost of capital
Next year, BHH Co. is expected to pay a dividend of $2.93 per share from earnings of $4.81 per share. The equity cost of capital for BHH is 11.7%. What should BHH's forward P/E ratio be if its dividend growth rate is expected to be 4% for the foreseeable future?
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Handbook Of Project Finance For Water And Wastewater Systems
Authors: Michael Curley
1st Edition
0873714865, 978-0873714860
