Tuesday, 11 February 2020

valence electronics has 210 million shares outstanding. it expects earnings at the end of the

valence electronics has 210 million shares outstanding. it expects earnings at the end of the hear of $760 million. valence pays out 40% of its earnings in total - 15% paid out as dividends and 25% used to repurchase shares. if valences earnings are expected to grow by 5% per year, these payout rates do not change, and balences equity cost kf capital is 9%, what is valences share price?

Contact Us For Tutoring:

Name

Email *

Message *