What Is the Implied Growth Duration of Howard Industries Given

question 36

Multiple Choice

What is the implied growth duration of Howard Industries given the following: $\begin{array}{lcc} & \text { S\&P/TSX Industrials } & \text { Howard Industries } \\\hline \text { P/E Ratios } & 14 & 24 \\\text { Average Growth }(\%) & 6.0 & 12.0 \\\text { Dividend Yield } & 07 & .04\end{array}$

• A) 11.5 years
• B) 16.8 years
• C) 22.6 years
• D) 18.4 years
• E) 20.6 years

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