Answered: The earnings per share of a company is…

The earnings per share of a company is 30 and dividend payout ratio is 60%. Multiplier is 2. DETERMINE the price per share as per Graham & Dodd model.

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter24: Analysis Of Financial Statements

Section: Chapter Questions

Problem 6CE

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Question

The earnings per share of a company is 30 and dividend payout ratio is 60%.
Multiplier is 2.
DETERMINE the price per share as per Graham & Dodd model.

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