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Under the following conditions, P 0 = D 1 based on payout ratio of 20% and EPS of $12 D 1 = payout ratio *
Under the following conditions, P0= | |
D1based on payout ratio of | 20% |
and EPS of | $12 |
D1= payout ratio * EPS | $2.40 |
rs= | 12% |
g = | 10% |
P0= | $? |
$100 |
$120 |
$140 |
$160 |
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