Question
Rio Tinto has a variable dividend. Its beta is 1.05, its dividend payout ratio is 0.56, and its growth rate is 8%. Its current P/E
Rio Tinto has a variable dividend. Its beta is 1.05, its dividend payout ratio is 0.56, and its growth rate is 8%. Its current P/E is 5.9. Is it over or under valued?
Risk free rate = 0.016 Market rate = 0.136
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
