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Author Question: Aaron Inc. has 316 million shares outstanding. It expects earnings at the end of the year to be $602 ... (Read 42 times)

tuffie

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Aaron Inc. has 316 million shares outstanding. It expects earnings at the end of the year to be  $602 million. The firm's equity cost of capital is 11.5%.  Aaron pays out 50% of its earnings in total: 30% paid out as dividends and 20% used to repurchase shares. If Aaron's earnings are expected to grow at a constant 6% per year, what is Aaron's share price?
◦ $17.32
◦ $8.66
◦ $25.98
◦ $34.64


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Marked as best answer by tuffie on Jul 9, 2019

helenmarkerine

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tuffie

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Reply 2 on: Jul 9, 2019
Great answer, keep it coming :)


mochi09

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Reply 3 on: Yesterday
:D TYSM

 

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