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Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 20%. Its expected earnings this year are $2
Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 20%. Its expected earnings this year are $2 per share. Find the stock price, P/E ratio, and growth rate of dividends for plowback ratios of:
I tried these numebrs but they arent working
Growth Rate of Dividends Plowback Ratios P/E Ratio 10.00 a. b. C. Zero 40 60 10.40 11.20 5 5.2 5.6 0.0 % 4.00 % 12.00 0%Step by Step Solution
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