A stock sells for $40. The next dividend will be $4 per share. If the rate of return earned on reinvested funds is 15% and the company reinvests 40% of the earnings in the firm, what must be the...
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Feb 7, 2009, 08:04 PM
Question: Corporate Finance
by Fletchv- Answers
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- 1,277
A stock sells for $40. The next dividend will be...
-
Feb 7, 2009, 08:03 PM
Question: Corporate Finance
by Fletchv- Answers
- 2
- Views
- 1,277
Corporate Finance
A stock sells for $40. The next dividend will be $4 per share. If the rate of return earned on reinvested funds is 15% and the company reinvests 40% of the earnings in the firm, what must be the...
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