Question
security and portfolio management 1.Assume that for a firm D/E=.50; k=0.12; g=.09. If you would expect E1 to be $2.18 then what would be the
security and portfolio management
1.Assume that for a firm D/E=.50; k=0.12; g=.09. If you would expect E1 to be $2.18 then what would be the price of this stock?
a-35
b- 36.41
c- 39.50
d- Cannot be determined from the information given
clarify the answers please
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
