A corp has a stable payout ratio of 40%. Last years EPS was $33.60. It...
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A corp has a stable payout ratio of 40%. Last years EPS was $33.60. It expects growth in earnings of 3% forever. k=8%. The price onthe stock should $672 O $420 $268,8 O $282.56 O $181.80 $276.86
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