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You require a return of 8.3% on a stock. You expect next year's EPS (EPS1) to be $2.50 and a dividend payout ratio of 0.7.
You require a return of 8.3% on a stock. You expect next year's EPS (EPS1) to be $2.50 and a dividend payout ratio of 0.7. The company will reinvest the remainder of earnings in projects with expected return of 13%. What is a fair price for the stock today? Round your answer to the nearest penny
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The Preppers Financial Guide
Authors: Jim Cobb
1st Edition
1612434037, 978-1612434032
