Question
The required rate of return of Sundaci Co. is 15% per year and the firm expects earnings per share of R5.6 in the next period.If
The required rate of return of Sundaci Co. is 15% per year and the firm expects earnings per share of R5.6 in the next period.If the company has recently paid a dividend of R2.19 and the dividends are expected to grow at 5% indefinitely, What is the return on equity on future investment will be?
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