What is the price-earnings ratio of the company

Assignment Help Financial Management

Reference no: EM131607197

No-Growth Industries pays out all of its earnings as dividends. It will pay its next $6 per share dividend in a year. The discount rate is 21%.

a. What is the price-earnings ratio of the company? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

P/E ratio

b. What would the P/E ratio be if the discount rate were 20%? (Round your answer to 2 decimal places.)

P/E ratio

Reference no: EM131607197

Questions Cloud

Find electric potential at distance from an electric charge : We define the electric potential at a distance r from an electric charge q by q/r. The electric potential of a charge distribution is obtained by adding.

Create a plan of the necessary activities : Create a plan of the necessary activities that would be required to implement a valid database design process by including the steps.

How and why did early american abstraction develop : How and why did early American abstraction develop, What subjects were present in your artist's abstract works

Efficiently allocate resources : List and explain four instances when the invisible hand may fail to efficiently allocate resources.

What is the price-earnings ratio of the company : What would the P/E ratio be if the discount rate were 20%? What is the price-earnings ratio of the company?

Compare workday performance against cohen analysis : PROBLEM: Sales Productivity & Efficiency. Calculate: CAC ratio for Workday for year ended JAN 31, 2013. Compare Workday's performance against Cohen's analysis

Discuss important novel in american literature : Focusing on Mark Twains Huckleberry Finn, discuss why it was such an important novel in American Literature and History.

Find the kinetic energy of the rotating body : Find the kinetic energy of the rotating body. Use the fact that the kinetic energy of a particle of mass m moving at a speed v is ½ mv2.

How your printer choices would benefit consulting agency : Discuss the capabilities or characteristics of the printers as well as the price. Discuss how your printer choices would benefit the consulting agency.

User Account

All Pages