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What the lever normalized earnings per share

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Reference no: EM132980415

Question - The average ROE for Lever Inc. over the last business cycle was 32%. Lever´s earnings per share for 2008 are expected to be $5. The dividend payout ratio is 30% and the current book value per share is $14. Shares are trading in the market at $ 54. What the Lever´s normalized earnings per share?

Reference no: EM132980415

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