Business, 26.06.2020 16:01 xsong39481
g Last year, BostonStrong Rowing (BSR) earned $12 per share and reinvested all of its earnings in the company. BSR expects to continue to reinvest all of its earnings in the company at the end of each of the next 4 years (years 1-4). At the end of year 5, BSR will distribute 20% of the year 5 earnings to investors. If BSR earns a return on its investments of 10% and has a 15% return on equity capital, what do you expect the year 5 dividend to be?
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g Last year, BostonStrong Rowing (BSR) earned $12 per share and reinvested all of its earnings in th...
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