Annie's Donut Shops, Inc., has expected earnings of $1 per share for next year. The firm's ROE is 12%, and its earnings
Posted: Thu Dec 23, 2021 9:06 am
Annie's Donut Shops, Inc., has expected earnings of $1 per share
for next year. The firm's ROE is 12%, and its earnings retention
ratio is 75%. If the firm's market capitalization rate is 10%, what
is the value of the firm excluding any growth opportunities?
for next year. The firm's ROE is 12%, and its earnings retention
ratio is 75%. If the firm's market capitalization rate is 10%, what
is the value of the firm excluding any growth opportunities?