× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
g
2
2
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
johnpaech johnpaech
wrote...
Posts: 1098
Rep: 7 0
7 years ago
Wyatt's current stock price is closest to:
A) $51.23
B) $54.00
C) $49.11
D) $61.38
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
Read 87 times
1 Reply

Related Topics

Replies
wrote...
#1
7 years ago
C
Explanation:  C) Retention ratioYear 1 =   = .75 × 16% return = 12% growth rate
EPSYear 1 = $4.00 (1.12) = $4.48
Retention ratioYear 2 =   = .776786 × 16% return = 12.4286% growth rate
EPSYear 2 = $4.48 (1.124286) = $5.0368
Retention ratioYear 3 = .40% × 16% return = 6.4% growth rate
P0 =   +   = $49.11
New Topic      
Quick Reply
Bold
Italic
Underline
Strikethrough
Subscript
Superscript
Insert Math Equation
Font Name
Font Color
Align left
Center
Align right
Bullet list
Numbered list
Insert a horizontal rule
Insert a table
Insert a Quote
View source
Explore
Post your homework questions and get free online help from our incredible volunteers
  358 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Show Emoticons
:):(;):P:D:|:O:?:nerd:8o:glasses::-):-(:-*O:-D>:-D:o):idea::important::help::error::warning::favorite:
Related Images
  
 512
  
 1041
  
 744
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 388
Previous poll results: What's your favorite funny biology word?