Subject:BusinessPrice: Bought3
ABC Ltd. Has a ROE of 12% and a payout ratio of 30%. It has a stable dividend policy and is not planning on raising new external capital. The company is currently paying a dividend of $2.00 per share
What is the price of ABC's stock today?
a. $55.56
b. $16.67
c. $60.22
d. $50.44
e. $65.12