Question
P14-7-Alternative dividend policy- Over the last ten years, a firm has had the earning per share shown in the following tale. Year Earning per share
P14-7-Alternative dividend policy- Over the last ten years, a firm has had the earning per share shown in the following tale.
Year Earning per share Year Earning per share
2015 $4.00 2010 $2.40
2014 3.80 2009 1.20
2013 3.20 2008 1.80
2012 2.80 2007 -0.50
2011 3.20 2006 0.25
A) If the firm
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Investment Science
Authors: David G. Luenberger
1st Edition
0195108094, 978-0195108095
