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PURPLE Enterprises expects earnings next year of $4.22 per share and has a 40% retention rate which it plans to keep constant it's equity cost
PURPLE Enterprises expects earnings next year of $4.22 per share and has a 40% retention rate which it plans to keep constant
it's equity cost of capital is 9% which is also it's expected return on new investment it's earnings are expected to grow forever at a rate of 3.6% per year
if it's next dividend is doing one a year what do you estimate the firms current stock price to be??
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