"sunnyfax publishing pays out all its earnings and has a share price of $ 38.00. in order to expand, sunnyfax publishing decides to cut its dividend from $3.00 to $2.00 per share and reinvest the retained funds. once the funds are reinvested, they are expected to grow at a rate of 15%. if the reinvestment does not affect sunnyfax's equity cost of capital, what is the expected share price as a consequence of this decision?"
Get the answer

Category: computerinformation |
Author: Giiwedin Frigyes

## Related Questions

##### "suppose an economy has only two sectors: goods and services. each yea

##### "suppose an individual invests $31,000 in a load mutual fund for two y

##### "suppose exam scores are normally distributed with a mean of 70 and a

## Category

## statistics

"suppose that 5% of bags contain forbidden items." forbidden 0.05 not forbidden what is the probability that a randomly chosen bag does not contain a

## mechanicalengineering

"suppose that general motors acceptance corporation issued a bond with 10 years until maturity, a face value of $ 1 comma 000, and a coupon rate of 7.

## statistics

"suppose that in a barter economy tom bakes bread and hans produces chocolates. tom wants chocolates but hans doesn't like bread, so hans is unwilling