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rasnulx rasnulx
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2 years ago
Early in 2019, Mathew is analyzing shares of Janeff Corp.  He expects the following dividends per share (end of year).

2019 $1.00
2020 $1.25
2021 $1.50

He expects 2021 earnings per share to be $4.50 and Janeff's P/E ratio to be 20.  His required rate of return for this stock is 12%.  He should pay no more than

▸ $43.75 per share.

▸ $67.02 per share.

▸ $68.75 per share.

▸ $93.75 per share.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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LaceyCGibsonLaceyCGibson
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2 years ago
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rasnulx Author
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2 years ago
Smart ... Thanks!
Jadakiss
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
jcarter
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2 hours ago
this is exactly what I needed
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