Question
SSDTECH Limited will retain 30% of its expected earnings per share of $0.20. If SSDTECHs earnings per share are expected to grow at 3% p.a.
SSDTECH Limited will retain 30% of its expected earnings per share of $0.20. If SSDTECHs earnings per share are expected to grow at 3% p.a. into perpetuity and the required rate of return of its equity holders is 8% p.a. what is SSDTECHs share price:
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Corporate Financial Management
Authors: Douglas R. Emery, John D. Finnerty, John D. Stowe
4th Edition
1935938002, 9781935938002
