Outstanding common stock is currently selling in the market

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Common stock? valuation) ?Wayne, Inc.'s outstanding common stock is currently selling in the market for ?$38. Dividends of ?$3.17 per share were paid last? year, return on equity is 33 ?percent, and its retention rate is 23 percent.

a .What is the value of the stock to? you, given a required rate of return of 18 ?percent?

b. Should you purchase this? stock?

Reference no: EM131360872

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