Solved

Omega Corp Has an ROE of 15%; Has Just Paid

Question 86

Multiple Choice

Omega Corp has an ROE of 15%; has just paid a dividend of $1.55; a pays 0% of its earnings out in dividends,and the appropriate discount rate is 20%; what is the current stock price?


A) $ 7.75
B) $ 11.88
C) $ 35.65
D) $ 42.78

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents