Question
The following data relates to an all-equity financed company:- Dividend just paid 180,000 Earnings retained 40% Return on investments 15% Cost of equity 20% What
The following data relates to an all-equity financed company:-
Dividend just paid £180,000
Earnings retained 40%
Return on investments 15%
Cost of equity 20%
What is the company’s market value (to the nearest £000)
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
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