jasonespinosa19
jasonespinosa19
10.05.2021 • 
Business

Robert has the following information available: • Pan Asia Mining Co.’s stock (Ticker: PAMC) is trading at $16.25. • The company has forecasted net income and book value of equity for the coming year to be $1,025,700 and $8,027,500, respectively. • The company has also been paying dividends for the past eight years and has maintained a dividend payout ratio of 32.500000%. Based on this information, Robert’s forecast of PAMC’s growth rate in earnings and dividends should be: 20.77% 6.23% 15.98% 8.62%

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