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The following information is for Mountain Lion Corp. an appliance manufacturer. Given this information determine Mountain Lion's implied rate of growth. Market value of equity
The following information is for Mountain Lion Corp. an appliance manufacturer. Given this information determine Mountain Lion's implied rate of growth.
Market value of equity | $48,000 |
Book value of equity | $19,200 |
ROE | 15.3% |
EPS growth | 8.8% |
Market's expectation of ROE | 15.3% |
Market's expectation of discount rate (re) | 9.0% |
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