No-growth industries pays out all of its earnings as


No-Growth Industries pays out all of its earnings as dividends. It will pay its next $2 per share dividend in a year. The discount rate is 10%.

A. What is the price earnings ratio of the company? (Round to two decimals).

B. What would the P/E ratio be if the discount rate is 5%? (Round to two decimals).

Request for Solution File

Ask an Expert for Answer!!
Financial Management: No-growth industries pays out all of its earnings as
Reference No:- TGS02639498

Expected delivery within 24 Hours