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View Full Version : What is the current price of the stock given the following information ?


penelope3
Mar 29, 2013, 09:58 AM
number of shares in circulation: 35000
earnings at the end of this year: £25 million
earnings at the end of next year: £40 million
investment paid at the end of this year: £10 million
unleveraged firm
RRR= 16%
ALL spare cash paid as dividends