Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 10%. Its expected earnings this year are $2 per share. Find the stock price, P/E ratio, and growth rate of dividends for plowback ratios of

Plowback Ratio - 0
Plowback Ratio - 0.20
Plowback Ratio - .70

asked by ted

9 years ago

1,065 views

0

0

Ask a New Question or answer this question.

Question

Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 10%. Its expected earnings this year are $2 per share. Find the stock price, P/E ratio, and growth rate of dividends for plowback ratios of
Plowback Ratio - 0
Plowback Ratio - 0.20
Plowback Ratio - .70