Question
You buy a stock which has the following features: price: 500 EPS: 33.3 payout ratio: 25% projected EPS growth 15% What will EPS have to
You buy a stock which has the following features:
price: 500
EPS: 33.3
payout ratio: 25%
projected EPS growth 15%
What will EPS have to be equal to in year 3 for you to get a 12% return on your investment?
What will the share be worth then?
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
