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What is efa dividend per share

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Question - Electricity for All (EFA) is preparing for their Initial Public Equity Offering (IPO). Being in a highly regulated industry, and with no plans for expanding, EFA plans to payout all of its earnings as dividends that are expected to the be same. If the expected rate of return on its equity is 8% and a fair IPO price is $113 per share, what is EFA's dividend per share?

Reference no: EM133189031

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