Chrome File Edit View History Bookmarks Profiles Tab Window Help 53% Mon Feb 6 9:00 PM : QE Assignments: FIN3414-23Sprir X Question 8 - Chapter 6 Homew X Course Hero X + C a ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddlewa... * IG M Gmail YouTube Maps Quiz: Module 3 Q... Syllabus for AST2... Chapter 6 Homework i Saved Help Save & Exit Submit Check my work 8 Upton Co. is growing quickly. Dividends are expected to grow at 24 percent for the next three years, with the growth rate falling off to a constant 6 percent thereafter. If the required return is 14 percent and the company just paid a dividend of $3.40, what is the 8.33 current share price? (Do not round intermediate calculations and round your answer to points 2 decimal places, e.g., 32.16.) Current share price eBook Print References Mc 202 6 atv 200m screen ShotChrome File Edit View History Bookmarks Profiles Tab Window Help 53% Mon Feb 6 9:00 PM : QE Assignments: FIN3414-23Sprir X Question 9 - Chapter 6 Homew X Course Hero X + C a ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddlewa... * IG M Gmail YouTube Maps Quiz: Module 3 Q... Syllabus for AST2... Chapter 6 Homework i Saved Help Save & Exit Submit Check my work 9 Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $7.40, but management expects to reduce the payout by 3 percent per year indefinitely. If you require a return of 11 percent on this stock, what will you pay for a share today? 8.33 (Do not round intermediate calculations and round your answer to 2 decimal places, points e.g., 32.16.) Current share price eBook Print References Mc 202 9 of 12 Hill 6 atv 200m screen ShotChrome File Edit View History Bookmarks Profiles Tab Window Help 53% Mon Feb 6 9:00 PM : QE Assignments: FIN3414-23Sprir X Question 10 - Chapter 6 Home X Course Hero X + C a ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddlewa... * IG M Gmail YouTube Maps Quiz: Module 3 Q... Syllabus for AST2... Chapter 6 Homework i Saved Help Save & Exit Submit Check my work 10 Maddon Corporation stock currently sells for $82 per share. The market requires a return of 10.2 percent on the firm's stock. If the company maintains a constant 3.1 percent growth rate in dividends, what was the most recent dividend per share paid on the 8.33 stock? (Do not round intermediate calculations and round your answer to 2 decimal points places, e.g., 32.16.) Dividend paid per share eBook Print References Mc 202 6 atv 4 200m screen ShotChrome File Edit View History Bookmarks Profiles Tab Window Help $ 53% Mon Feb 6 9:01 PM : QE Assignments: FIN3414-23Sprir X Question 11 - Chapter 6 Homev X Course Hero X + C a ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddlewa... * IG M Gmail YouTube Maps Quiz: Module 3 Q... Syllabus for AST2... Chapter 6 Homework i Saved Help Save & Exit Submit Check my work 11 The Blooming Flower Co. has earnings of $2.00 per share. The benchmark PE for the company from a comparables analysis is 13. 8.33 a. What stock price would you consider appropriate? (Do not round intermediate points calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What if the benchmark PE were 16? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) eBook Hint a. Stock price Print b. Stock price References Mc 202 11 of 12 Hill 6 atv 200m screen ShotChrome File Edit View History Bookmarks Profiles Tab Window Help $ 53% Mon Feb 6 9:01 PM : QE Assignments: FIN3414-23Sprir X Question 12 - Chapter 6 Home X Course Hero X + C a ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddlewa... * IG M Gmail YouTube Maps Quiz: Module 3 Q... Syllabus for AST2... Chapter 6 Homework i Saved Help Save & Exit Submit Check my work 12 Bootstrap Corp. has yearly sales of $28.7 million and costs of $13.3 million. The company's balance sheet shows debt of $54.7 million and cash of $38.7 million. There are 1,960,000 shares outstanding and the industry EV/EBITDA multiple is 8.2 8.37 points a. What is the company's enterprise value? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.) eBook b. What is the stock price per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Print References a. Enterprise value b. Stock price Mc 202 6 screen Shot WF Zoom