a) Using comparables, do you think that BGC is undervalued or overvalued? Why? (Hint: You will need to calculate the growth rate of the firm to compute PEG)

b) Using the constant dividend model, do you think that BGC is undervalued or overvalued? Why?

c) Using the constant growth dividend model, do you think that BGC is undervalued or overvalued? Why?

d) Assume that BGC will retain 90% of its earnings for the next two years and earn an ROE of 30% during this time. After this, BGC will retain 32.15% of its earnings and earn an ROE of 15%. Using the dividend growth stage model, do you think that BGC is undervalued or overvalued? Why?

Use the information below to answer the following questions: Use the information below to answer the following questions