A firm has a plowback ratio (retention rate) of 0.5 and ROE of 15%. Its current earning is BDT 5 per share and the required rate of return is 12%. Calculate the value per share of the firm

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 22MC: If a firm has a contribution margin of $59,690 and a net income of $12,700 for the current month,...
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A firm has a plowback ratio (retention rate) of 0.5 and ROE of 15%. Its current earning is BDT 5 per share and the required rate of return is 12%. Calculate the value per share of the firm

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