Problemthe sharpe co just paid a dividend of 205 per share, Ask an Expert

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Problem:

The Sharpe Co. just paid a dividend of $2.05 per share of stock. Its target payout ratio is 40 percent. The company expects to have earnings per share of $6.20 one year from now.

Required:

Question 1: If the adjustment rate is .3 as defined in the Lintner model, what is the dividend one year from now?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91146720

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