FIN 32 - Argosy University
Reese Corporation has an expected dividend payout of 355, a required return of 12 percent, and an expected dividend growth rate of 9 percent What is the P/E ratio for the common stock? P/E = Payout / k – g. P/E = .35 / .12 - .09 = 11.67. Amber purchased … ................
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