you expect kt industries (kti) will have earnings per share of $4.6 this year and expect that they will pay out $1.59 of these earnings to shareholders in the form of a dividend. kti's return on new investments is 10%, and their equity cost of capital is 16%. ... kti's dividend growth rate is % (round to two decimal places) if kti's dividend growth rate will remain constant, and kti's next year dividend is $1.69. then kti's current stock price should be $ (round to two decimal places)

you expect kt industries (kti) will have earnings per share of $4.6 this year and expect that they will pay out $1.59 of these earnings to shareholders in the form of a dividend. kti's return on new investments is 10%, and their equity cost of capital is 16%. ... kti's dividend growth rate is % (round to two decimal places) if kti's dividend growth rate will remain constant, and kti's next year dividend is $1.69. then kti's current stock price should be $ (round to two decimal places)

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter15: Dividend Policy

Section: Chapter Questions

Problem 15P

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