Satya Systems Company has made net profit of Rs 50 crore. It has announced to distribute 60
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Satya Systems Company has made net profit of Rs 50 crore. It has announced to distribute 60 per cent of net profit as dividend to shareholders. It has 2 crore ordinary shares outstanding. The companys share is currently selling at Rs 240. In the past, it had earned return on equity of 25 per cent and expects to main this profitability in the future as well. What is the required rate of return on Satyas share?
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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