Question
Web Cites Research projects a rate of return of 21 percent on new projects. Management plans to plow back 45 percent of all earnings into
Web Cites Research projects a rate of return of 21 percent on new projects. Management plans to plow back 45 percent of all earnings into the firm. Earnings this year will be $4.1 per share, and investors expect a 10 percent rate of return on the stock.
What is the P/E ratio?
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Money Banking And Financial Markets
Authors: Stephen G. Cecchetti
1st Edition
0072452692, 9780072452693
