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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 $2
Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 5%. 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 (Leave no cells blank - be certain to enter "O" wherever required. Do not round intermediate calculations. Round "Growth Rate of Dividends" to 1 decimal place.) Growth Rate of Plowback Ratios Stock Price P/E Ratio Dividends a. zero 0 % b. 0.40 % 0.60 % c
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