XYZ stock has an expected ROE = 8.5% per year, expected EPS of $9, expected dividends of
Fantastic news! We've Found the answer you've been seeking!
Question:
XYZ stock has an expected ROE = 8.5% per year, expected EPS of $9, expected dividends of $1.5 per share. Its discount rate is 13%. What comes closest to its justified P/E ratio?
4.1
2.8
2.5
3
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: