ACME has EPS of $20.00 per share. It has a retention ratio of 80% and its...

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ACME has EPS of $20.00 per share. It has a retention ratio of 80% and its dividend is expected to grow at a rate of 10 %. If

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EPS = 20 Retention ratio = 80% & Dividend Paid = 20% of 20 = 4 ie 20% of EPS growth = 10 % Return Required = 15%... Price = D

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