question archive AFW Industries has 185 million shares outstanding and expects earnings at the end of this year of $722 million
AFW Industries has 185 million shares outstanding and expects earnings at the end of this year of $722 million
Subject:FinancePrice: Bought3
AFW Industries has
185
million shares outstanding and expects earnings at the end of this year of
$722
million. AFW plans to pay out
60%
of its earnings in? total, paying
39%
as a dividend and using
21%
to repurchase shares. If? AFW's earnings are expected to grow by
8.4%
per year and these payout rates remain? constant, determine? AFW's share price assuming an equity cost of capital of
12.6%.
