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Question: Directions: Please explain how you reached the answer and show your work if a mathematical calculation is needed.

AWC has a current dividend of .90 and current EPS of 1.25. Return on equity (ROE) is 8.60%. The required return is 13.4%.

a. Find the current stock price.

b. Are they re-investing their money wisely? Explain.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92588371

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