Question
The stock of Louis Ltd is currently selling at R88 per share and investors expect a 48.9% rate of return on the stock. The return
The stock of Louis Ltd is currently selling at R88 per share and investors expect a 48.9% rate of return on the stock. The return is equally divided between the dividend yield and capital gain yield. If the firm is expected to maintain a payout ratio of 0.32, what is the firms latest earnings per share?
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Handbook Of Key Global Financial Markets Institutions And Infrastructure
Authors: Gerard Caprio
1st Edition
0123978734, 9780123978738
