Castles in the Sand generates a rate of return of 12% on its investments and maintains a plowback ratio of 0.20. Its ear

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Castles in the Sand generates a rate of return of 12% on its investments and maintains a plowback ratio of 0.20. Its ear

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Castles In The Sand Generates A Rate Of Return Of 12 On Its Investments And Maintains A Plowback Ratio Of 0 20 Its Ear 1
Castles In The Sand Generates A Rate Of Return Of 12 On Its Investments And Maintains A Plowback Ratio Of 0 20 Its Ear 1 (19.57 KiB) Viewed 83 times
Castles in the Sand generates a rate of return of 12% on its investments and maintains a plowback ratio of 0.20. Its earnings this year will be $5 per share. Investors expect a rate of return of 10% on the stock. a. Find the price and P/E ratio of the firm. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Price PIE ratio b. Find the price and P/E ratio of the firm if the plowback ratio is reduced to 0.10. (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Price PIE rato
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