Stable Co had a net income per share of $3.25 last year and is set to maintain its 3% growth rate for the foreseeable future. They currently pay 4% on their debt portfolio of $12 billion. Their WACC is 7.5%, tax rate is 25% and total Invested Capital is $25 billion.
1.How much money does stable Co have to invest annually to maintain its 3% growth rate?
2.What is Stable Co worth per share?
Recently Asked Questions
- Please refer to the attachment to answer this question. This question was created from Topic_ Week 4 - Discussion 1.pdf.
- 19.9Create PHP script that obtains a URL and its description from a user and stores the information into a database using MySQL . Generate and run a SQL script
- Refer to the graph of unit cost curves 1. If the market price is 45, then a profit-maximizing competitive firm with these short-run unit cost curves Select