Question
XYZ stock has an expected ROE = 8.5% per year, expected EPS of $9, expected dividends of $1.5 per share. Its discount rate is 13%.
XYZ stock has an expected ROE = 8.5% per year, expected EPS of $9, expected dividends of $1.5 per share. Its discount rate is 13%. What comes closest to its justified P/E ratio?
4.1
2.8
2.5
3
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
