Metatrend's stock will generate earnings of $6 per share next year. The discount rate for the stock
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rate for the stock is 15% and the company's ROE is also 15%. Find the growth
rate of dividends and the expected stock price if the company has a payout policy
of 60%.
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1259024962
6th Canadian edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
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