The dividend-payout ratio is 20 and the return on retained


Renew It, Inc., has EPS of $10 at the end of the first year. The dividend-payout ratio is 20% and the return on retained earnings of 15%. If the discount rate is 14%, find the stock price:

a. Using dividend growth model

b. Using NPVGO approach

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Financial Management: The dividend-payout ratio is 20 and the return on retained
Reference No:- TGS02309270

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