Storico just paid a dividend of 045 per share the company


Storico just paid a dividend of $0.45 per share. The company has an ROE of 9% and a book value of $15 per share. The required return on investment is 12%. What is the estimated price of a share of Storico stock?

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Finance Basics: Storico just paid a dividend of 045 per share the company
Reference No:- TGS0603418

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