What would the value of the stock be
Question:
ABC, Inc. has a P/E ratio of 12 and maintains a dividend payout rate of 40%. The stock price of ABC, Inc. on January 1 is $32. What would the value of the stock be if the dividend payout ratio was 60%? (Please use Excel)
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What would the value of the stock be if the dividend payout ratio was 60%? (Please use Excel)
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