Zellers stock sells today for $168.00 per share. The next annual dividend (per share) will...
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Zellers stock sells today for $168.00 per share. The next annual dividend (per share) will be $8.00. If Zellers return on equity is 17.00% and if it reinvests 78.00% of its earnings into its business, what is the return that investors are demanding on Zellers? a. 18.02% b. 21.04% c. 15.03% d. 11.53%
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