Rustic Corporation has earnings per share of $2.50 and paid a dividend of $1.75 per share.The firm's ROE and P/E are 15% and 20, respectively.Calculate the following:
a)The current share price
b)The required rate of return
c)The dividend yield

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The Answer of Rustic Corporation has earnings per share of $2.50 and paid a dividend of $1.75 per share.The firm's ROE and P/E are 15% and 20, respectively.Calculate the following:
a)The current share price
b)The required rate of return
c)The dividend yield

Rustic Corporation Has Earnings Per Share of $2