Business, 19.07.2019 19:30 johny144

Spencer supplies' stock is currently selling for $60 a share. the firm is expected to earn $5.10 per share this year and to pay a year-end dividend of $3.70. if investors require a 8.5% return, what rate of growth must be expected for spencer? round your answer to two decimal places. % if spencer reinvests earnings in projects with average returns equal to the stock's expected rate of return, then what will be next year's eps? (hint: gl = roe × retention ratio.) do not round intermediate calculations. round your answer to the nearest cent. $

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Spencer supplies' stock is currently selling for $60 a share. the firm is expected to earn $5.10 per...

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