Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please use by this formula price of share=EPS* D/E P= payout ratio* Eps / (r-g) 43. A firm having equity capital of $100,000 consisting of

please use by this formula
price of share=EPS* D/E
P= payout ratio* Eps / (r-g)
image text in transcribed
43. A firm having equity capital of $100,000 consisting of shares at $10 each, profit after tax of $84,375,&P/E ratio of 8 . The expected stock price in the market is: A. Need more information to decide B. $65.6 C. $67.5 D. $10.25

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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 Management For Public Health And Not For Profit Organizations

Authors: Steven A. Finkler

1st Edition

0130176141, 9780130176141

More Books

Students also viewed these Finance questions