The required rate of return of Sundaci Co. is 15% per year and the firm expects earnings
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The required rate of return of Sundaci Co. is 15% per year and the firm expects earnings per share of R5.6 in the next period.If the company has recently paid a dividend of R2.19 and the dividends are expected to grow at 5% indefinitely, What is the return on equity on future investment will be?
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1285190907
8th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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