31. When Google's share price reached $600 per share, Google had a P/E ratio of about...

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31. When Google's share price reached $600 per share, Google had a P/E ratio of about 30 and an estimated market capitalization rate of 10%. Google pays no dividends. Approximately what percentage of Google's stock price was represented by PVGO? (a) 75% (b) 33% (c) 50% (d) 67% dividend yields. 35. ART has come out with a new and improved product. As a result, the firm projects an ROE of 20%, and it will maintain a plowback ratio of 0.40. Its earnings this coming year will be $4 per share. Investors expect a 11% rate of return on the stock. What price do you expect ART shares to sell for in 5 years? (a) $108.22 (b) $124.55 (c) $117.55 (d) $161.09 31. When Google's share price reached $600 per share, Google had a P/E ratio of about 30 and an estimated market capitalization rate of 10%. Google pays no dividends. Approximately what percentage of Google's stock price was represented by PVGO? (a) 75% (b) 33% (c) 50% (d) 67% dividend yields. 35. ART has come out with a new and improved product. As a result, the firm projects an ROE of 20%, and it will maintain a plowback ratio of 0.40. Its earnings this coming year will be $4 per share. Investors expect a 11% rate of return on the stock. What price do you expect ART shares to sell for in 5 years? (a) $108.22 (b) $124.55 (c) $117.55 (d) $161.09