You expect KT industries (KTI) will have earnings per share of $ 6 this year and expect that they will pay out $ 2.25 of these earnings to shareholders in the form of a dividend. KTI's return on new investments is 13 % and their equity cost of capital is 15 %. The value of a share of KTI's stock is closest to:
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “You expect KT industries (KTI) will have earnings per share of $ 6 this year and expect that they will pay out $ 2.25 of these earnings to ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
You are saving money to buy a car. if you save $310 per month starting one month from now at an interest rate of 6%, how much will you be able to spend on the car after saving for 4 years?
Answers (1)
When rebuilding a steering system, a can of bolts and nuts was somehow lost. Technician A says to simply go to the hardware store and buy the same size fasteners. Technician B says to order the fasteners from the manufacturer. Who is correct?
Answers (1)
Choose the correct answer. Why might a mutual fund be a better investment than individual stocks and bonds? A - A mutual fund guarantees dividends. B - Stocks are more expensive. C - Risk is diversified with a mutual fund. D - Bonds carry less risk.
Answers (1)
Which of the following things could a company do to encourage innovation? A. Limit collaboration between employees B. Reward employees who show creativity and who lead positive changes C. Pay a higher salary to employees who are assertive D.
Answers (2)
Rooney Enterprises, Inc., operated a cemetery in Franklin County, Virginia. A state law requires companies that receive advance payments for funeral expenses and burial plots to put those funds into a special trust account.
Answers (2)
New Questions in Business
Jane Simpson rates low on conscientiousness. Which of the following statements is most likely to be true about Jane? a. She will be positive and optimistic. b. She will be creative. c. She will be nervous, depressed, and insecure. d.
Answers (1)
15 Select all the correct answers. Which statements are true according to the law of demand? An increase in supply leads to an increase in demand. A decrease in supply leads to a decrease in demand.
Answers (1)
In its most recent financial statements, Del-Castillo Inc. reported $30 million of net income and $970 million of retained earnings. The previous retained earnings were $961 million.
Answers (1)
which of the following is an example of a job that would supply a good that would meet a need? A. limo driver B. actor C. farmer D. doctor
Answers (1)
What is capgemini target % for pgp content completion at the beginning of a rapidstart?
Answers (1)