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Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 10%. Its expected earnings this year are $3
Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 10%. Its expected earnings this year are $3 per share. Complete the following table. (Leave no cells blank. Enter a zero, wherever necessary. Do not round intermediate calculations. Round growth rate to two decimal places.)
Plowback Ratio
Growth Rate
a.0%
b.0.60%
c.0.80%
Stock Price
a.0%
b.0.60%
c.0.80%
P/E Ratio
a.0%
b.0.60%
c.0.80%
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