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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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077647094
