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The average ROE for High Flyer Inc. (HFI) over the last business cycle was 32%. HFI's earnings per share for 2008 are expected to be
The average ROE for High Flyer Inc. (HFI) over the last business cycle was 32%. HFI's earnings per share for 2008 are expected to be $5. The dividend payout ratio is 30%, and the current book value per share is $14. Shares are trading in the market at $54. HFI's normalized earnings per share are closest to: Select one: a $4.48 b. $5.26 C. $5.89 d. $6.50
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How To Make Money With Junk Bonds
Authors: Robert Levine
1st Edition
007179381X,0071793828
