Question
No-Growth Industries pays out all of its earnings as dividends. It will pay its next $3 per share dividend in a year. The discount rate
No-Growth Industries pays out all of its earnings as dividends. It will pay its next $3 per share dividend in a year. The discount rate is 16%.
A What is the price- earnings ratio of the company? 2 decimal places
P/E RATIO:
B What would the P/E ratio be if the discount rate were 10% 2 decimal places
P/E RATIO
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Personal Finance Building Your Future
Authors: Robert B. Walker, Kristy P. Walker
1st edition
9780077861728, 978-0073530659
