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The FI Corporation's dividends per share are expected to grow indefinitely by 5% per year. This year's year-end dividend is $8 and the market capitalization
The FI Corporation's dividends per share are expected to grow indefinitely by 5% per year. This year's year-end dividend is $8 and the market capitalization rate is 10% per year. If the expected earnings per share are $12, what is the implied value of the ROE on future investment opportunities? (Do not round intermediate calculations. Round your answer to the nearest whole percent.) Question 13 options
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
