Multiple Choice
The Lory Company had net earnings of €127,000 this past year.Dividends were paid of €38,100 on the company's equity of €1,587,500.If Lory has 100,000 shares outstanding with a current market price of €11.625 per share, what is the required rate of return?
A) 4.2%
B) 6%
C) 9%
D) 14%
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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