Maniac Corporation just paid a dividend of $2 on its current EPS of $6.Its projected net profit margin, asset turnover, and leverage ratio are 12.5%, 2.5, and 0.6, respectively.What is Maniac's required rate of return if the current price is $34.60?
A) 12.03%
B) 12.39%
C) 18.28%
D) 19.00%
Correct Answer:
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