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Would it be possible to show the step to the correct answer. I keep doing it wrong. Thank you Show all attempts A company is
Would it be possible to show the step to the correct answer. I keep doing it wrong. Thank you
Show all attempts A company is expected to have earnings per share of $3.4 this year and to pay a dividend of $2.9. The discount rate for the stock is 12.6% and the rate of return on reinvested earnings is 22.8%. What is the sustainable growth rate? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below rounded to 2 DECIMAL PLACES. Your response 29.53 Grade: 0/1.0 Correct response 3.350.01 Click "Verify" to proceed to the next part of the question. 0.0x1/1 = 0.00 Using 3.35 as the growth rate, what would be the price of the stock? Enter your response below rounded to 2 DECIMAL PLACES. Your response 14.91 Grade: 0/1.0 Correct response 31.35+0.01 Click "Verify" to proceed. 0.0x1/1 = 0.00Step by Step Solution
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