Return on equity of a company has reached 14 per cent. 60 per cent of the...
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Return on equity of a company has reached 14 per cent. 60 per cent of the after tax profit has been paid out in a form of dividend annually. This year dividend was 30 HUF per share. Current price of the share goes up to 495 HUF. What is the expected rate of return? O (no answer) 12% 20% 14% 15% Return on equity of a company has reached 14 per cent. 60 per cent of the after tax profit has been paid out in a form of dividend annually. This year dividend was 30 HUF per share. Current price of the share goes up to 495 HUF. What is the expected rate of return? O (no answer) 12% 20% 14% 15%
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SOLUTION The expected return can be calculated as shown in ... View the full answer
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Posted Date:
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