Assume that a firm has an expected dividen
题型:单项选择题
问题:
Assume that a firm has an expected dividend payout ratio of 20%, a required rate of return of 9% , and an expected dividend growth of 5%. What is the firm's estimated price-to-earnings (P/E) ratio()
A. 5.00.
B. 10.00.
C. 20.00.