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The No-zip Snap Company had net earnings of $127,000 this past year. Dividends were paid of $38,100 on the company's equity of $1,587,500. If Unzip has 100,000 shares outstanding with a current market price of $11 5/8 per share, what is the required rate of return?
Hair Salon
A business establishment offering services related to hair treatment, such as cutting, coloring, and styling.
Exact Interest
interest calculation based on a 365-day year or the actual number of days in a partial year, offering more precision than ordinary interest methods.
365-Day Year
a calculation basis for interest that uses the actual number of days in a year, providing a more precise interest calculation compared to the ordinary interest method.
360-Day Year
A financial approximation assuming twelve 30-day months, used in calculating interest and other related computations.
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