Question
Tango, Corp. expects to have an earnings per share of $3. The company will be paying out 40% of that earnings to its shareholders, with
Tango, Corp. expects to have an earnings per share of $3. The company will be paying out 40% of that earnings to its shareholders, with the rest retained in the company for future growth at rate of 20% each year.The share price of the company'sstockis currently at $15.
What rate of return do Tango's investors require if its stock'sintrinsic value has been reflected in the market price?
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Technical Analysis The Complete Resource for Financial Market Technicians
Authors: Charles D. Kirkpatrick, Julie R. Dahlquist
1st edition
134137043, 134137049, 978-0131531130
