If an equity security has 700 earnings per share eps that


If an equity security has $7.00 earnings per share [EPS] that are expected to remain stable in perpetuity, and expects to maintain a 100% payout ratio to shareholders, what is the value of the security if its required rate of return = 14%?

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Financial Management: If an equity security has 700 earnings per share eps that
Reference No:- TGS01258649

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