gordon growth model

It is the return on reinvestment as I explain in my free lectures.

december 2012 paper question 4 ROE used proft after tax/total equity -----------10.1/67.2 I did not its return on reinvestment I just knew ROE,

december 2012 paper question 4 ROE used proft after tax/total equity ———–10.1/67.2 I did not know its return on reinvestment I just knew ROE,

If you are not given information about the return on investment then you use the ROE. In theory they should be the same, but often they are not.

I will watch your lecture again to remind it. Thank you very much.