Stormy weather has no attractive investment opportunities


Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 10%. Its expected earnings this year are $2 per share. Find the stock price, P/E ratio, and growth rate of dividends for plowback ratios of: (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Enter the growth rate as a percent rounded to 1 decimal place.) Plowback Ratios Stock Price P/E Ratio Growth Rate of Dividends a. Zero $ % b. .10 % c. .60 %

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Financial Management: Stormy weather has no attractive investment opportunities
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