Question: 2) 13 Points total) Assume General Electric (GE) has about 10.3 billion shares outstanding and earnings per share is $2.03. Also, assume the P/E ratio

2) 13 Points total) Assume General Electric (GE) has about 10.3 billion shares outstanding and earnings per share is $2.03. Also, assume the P/E ratio is about 18.3. Calculate the approximate market capitalization for GE. 3) 13 Point total Casino Inc. expects to pay a dividend of $3 per share at the end of year 1 (Divi). Such annual dividends are expected to grow at a constant rate of 6 percent per year forever. If the required rate of return on the stock is 5 percent, compounded quarterly, what is the current value of the stock today

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