Question
PQR stock has a sustainable growth rate of 3.71 percent, ROE of 18 percent, and dividends per share of $3.7. If the P/E ratio, based
PQR stock has a sustainable growth rate of 3.71 percent, ROE of 18 percent, and dividends per share of $3.7. If the P/E ratio, based on trailing earnings, is 21, what is the value (in $) of a share of stock? Answer to two decimals.
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Building Financial Models
Authors: John Tjia
2nd Edition
0071608893, 978-0071608893
