Our company, which was founded 10 years ago, has allocated 10,000 shares to investors at 1 TL nominal price. Today, earning per share of our company is 60 kuruş and the company has announced that payout ratio is 40%. If the expected return on equity is 24%, a. What would be the dividend per share 1 year later? b What is the current price of one share today? d. What would be the price of one share 5 years later (Ps)? e. What would be the total market value of the equity 5 years later?
Our company, which was founded 10 years ago, has allocated 10,000 shares to investors at 1 TL nominal price. Today, earning per share of our company is 60 kuruş and the company has announced that payout ratio is 40%. If the expected return on equity is 24%, a. What would be the dividend per share 1 year later? b What is the current price of one share today? d. What would be the price of one share 5 years later (Ps)? e. What would be the total market value of the equity 5 years later?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Our company, which was founded 10 years ago, has allocated 10,000 shares to investors at 1 TL nominal price. Today, earning per share of our company is 60 kuruş and the company has announced that payout ratio is 40%. If the expected
a. What would be the dividend per share 1 year later?
b What is the current price of one share today?
d. What would be the price of one share 5 years later (Ps)? e. What would be the total market value of the equity 5 years later?
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