residual income model

Project Description:

plug in numbers in a formula.
bill’s bakery expects earnings per share 0f $2.56 next year. current book value is $4.70 per share. the appropriate discount rate for bill’s bakery is 11%.

calculate the share price for bill’s bakery if earnings grow at 3% forever.

for bill’s bakery described in the above question, suppose instead that current earnings per share.
calculate the share price for bill’s bakery now.
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Price Type: Negotiable

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