Suppose a firm expects EPS of 1.50$ for the end of the period and expects...
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Finance
Suppose a firm expects EPS of 1.50$ for the end of the period and expects to maintain a dividend payout ration of 60%. If the firm's price-earning ratio is 7,8 and it's return on equity is 10%, what is its required rate of return?
a) 10.7%
b) 7.7%
c) 9.7%
d) 9%
e) 11.7%
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