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Posted on Jul 11, 2024

Wayney, Incs outstanding common stock is currently selling in the market for RM33. Dividends of RM2.30 per share were paid last year, return on equity

Wayney, Incs outstanding common stock is currently selling in the market for RM33. Dividends of RM2.30 per share were paid last year, return on equity is 20 percent, and its retention rate is 25 percent. a) What is the value of stock to you, given a 15 percent required rate of return?

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