Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Return on equity of a company has reached 14 per cent. 60 per cent of the after tax profit has been paid out in

 

Return on equity of a company has reached 14 per cent. 60 per cent of the after tax profit has been paid out in a form of dividend annually. This year dividend was 30 HUF per share. Current price of the share goes up to 495 HUF. What is the expected rate of return? O (no answer) 12% 20% 14% 15%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Computation of expected rate of return Amounts in HUF Growth rate Return on ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Reporting And Analysis Using Financial Accounting Information

Authors: Charles H Gibson

12th Edition

1439080607, 978-1439080603

More Books

Students also viewed these Finance questions

Question

In Exercises simplify the ratio of factorials. (n + 1)! n!

Answered: 1 week ago