Question: please help me solve these problems and show all the work. thank you 28. The Company had retained earnings of $1.5MM last year. The Company
28. The Company had retained earnings of $1.5MM last year. The Company gave a dividend of $3 a Share to its 500,000 shareholders. What is the EPS? What is the retention ratio and the payout ratio? 29. A Company has a dividend of $2.00 per share and expects to grow it by 3% every year for 5 years. What is the dividend in five years? If the stock is currently trading at $25, what should it be trading at in 5 years? 30. If you deposit $1000 every six monthd at 6%, what will you at the end of 3 years? 5 years
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