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Stormy weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 5%. Its expected earnings this year are $4
Stormy weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 5%. Its expected earnings this year are $4 per share.
Complete the following tables:
Plowback ratios Growth Rate % Stock Price P/E ratio
a. 0
b. .30
c. .80
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