Solved: How long gina has to hold the stock, Microeconomics

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How long gina has to hold the stock

Question:

Gina is seriously thinking about buying riley inc the stock is growing 25% annually its is paying 1.50 in annual dividends and has multiple pe ratio of 80 times the average statistic for comparable firms in the market are as follows growth 12%. Dividends $1.12 and the multiple is 15 show mathematically. How long Gina has to hold the stock to justify its multiple?

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Microeconomics: How long gina has to hold the stock

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