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

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9 years ago

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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