Question
Pagemaster Enterprises just reported earnings of $2 million. It plans to have a payout 60 percent of it earnings. The historical ROE has been 0.16,
Pagemaster Enterprises just reported earnings of $2 million. It plans to have a payout 60 percent of it earnings. The historical ROE has been 0.16, a figure that is expected to continue into the future. The company has 1,000,000 shares outstanding. The stock is selling for $10. What is the required return on the stock?
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Handbook Of Financial Risk Management
Authors: Thierry Roncalli
1st Edition
1138501875, 978-1138501874
