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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Financial Management For Decision Makers
Authors: Peter Atrill
7th Edition
129201606X, 978-1292016061
