Question: Could you please show how to find the last two answers with calculations/formulas. Shield Corp. expects an earnings per share of $2.82 and reinvests 40%
Could you please show how to find the last two answers with calculations/formulas.

Shield Corp. expects an earnings per share of $2.82 and reinvests 40% of its earnings. Management projects a rate of return of 12% on new projects and investors expect a 5% rate of return on the stock. What is the sustainable growth rate? Enter your answer as a percentage. Do not include the percentage sign in your answer. Answer: 4.8% Given a sustainable growth rate of 4.8%, what is the price of the stock with growth? Answer: 846 What would be the price of the stock with no growth? Answer: 56.41
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