Ch$\_13-$Algo Exam $($i$)$

Saved

Help

Save & Exit

Submit

$10$

Sanders, Incorporated, paid a $$4$ dividend per share last year and is expected to continue to pay out $60\%$ of its earnings as dividends for the foreseeable future. If the firm is expected to generate a $10\%$ return on equity in the future, and if you require a $12\%$ return on the stock, the value of the stock is

$01$:$04$:$12$

Multiple Choice

$$26\mathrm{.}00$

$$44\mathrm{.}67$

$$52\mathrm{.}00$