25. Alpha Co. has an equity book value per share = $20 and its ROE = %3D 20%. What is its earnings per share for the year? * O a) $5 O b) $0.5 c) $4 O d) $200 e) None of the above
25. Alpha Co. has an equity book value per share = $20 and its ROE = %3D 20%. What is its earnings per share for the year? * O a) $5 O b) $0.5 c) $4 O d) $200 e) None of the above
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
Problem 18PROB
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Transcribed Image Text:25. Alpha Co. has an equity book
value per share = $20 and its ROE =
%3D
20%. What is its earnings per share
for the year? *
a) $5
b) $0.5
c) $4
d) $200
e) None of the above
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