(Answered) Common stock valuation redford incs outstanding common

Management Studies

(Common stock valuation) Redford, Inc.'s outstanding common stock is currently selling in the market for $33. Dividends of $2.30 per share were paid last year, return on equity is 20 percent, and its retention rate is 25 percent.

What is the value of the stock to you, given a 15 percent required rate of return?
Should you purchase this stock?

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Business Management, Management Studies

Category:- Business Management
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