Question
What comes closest to the price of a firm if the plowback ratio = 0.6, ROE = 0.15, EPS today=$2.5 and the required rate of
What comes closest to the price of a firm if the plowback ratio = 0.6, ROE = 0.15, EPS today=$2.5 and the required rate of return = 15%?
$16
$14
$20
$18
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
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