Sparrow Products Industries is currently selling for $57.00. It just paid its annual dividend of $4.00 after reporting an ROE of 15%, of which 50% is paid as dividends. What is the expected return of this stock? O 16.36% 14.28% O 15.26% 16.42% 15.04% 0

Sparrow Products Industries is currently selling for $57.00. It just paid its annual dividend of $4.00 after reporting an ROE of 15%, of which 50% is paid as dividends. What is the expected return of this stock? O 16.36% 14.28% O 15.26% 16.42% 15.04% 0

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter8: Basic Stock Valuation

Section: Chapter Questions

Problem 2P

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Question

Sparrow Products Industries is currently selling for $57.00. It just paid its annual
dividend of $4.00 after reporting an ROE of 15%, of which 50% is paid as dividends.
What is the expected return of this stock?
16.36%
14.28%
15.26%
16.42%
15.04%

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