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The risk-free rate is 2%, the market risk premium is 6%. A company has ROE=12% and beta=1.2, and P/E=25. What is its reinvestment rate b?
The risk-free rate is 2%, the market risk premium is 6%. A company has ROE=12% and beta=1.2, and P/E=25. What is its reinvestment rate b?
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The Evolution Of Finance
Authors: Barbara Guth
1st Edition
1633377261, 978-1633377264
