The expected EPS (earnings per share) of Kamal inc. is $5 and the company usually retains 70%
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The expected EPS (earnings per share) of Kamal inc. is $5 and the company usually retains 70% of itsearnings. Kamal inc. has a discount rate of 16%, and a return on equity (ROE) of 20%. What is Kamal inc. current stock price? Constant growth
$1.25
$60.75
$70
$75
$175
Related Book For
Finance for Executives Managing for Value Creation
ISBN: 978-0538751346
4th edition
Authors: Gabriel Hawawini, Claude Viallet
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