What is the rate of return on the company
Computer Corp. reinvests 70% of its earnings in the firm. The stock sells for $45, and the next dividend will be $2.70 per share. The discount rate is 10%. What is the rate of return on the company's reinvested funds?
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The next dividend will be $2.70 per share. The discount rate is 10%. What is the rate of return on the company's reinvested funds?
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