Question: i really need help with this Bill's Bakery has current earnings per share of $2.90. Current book value is $4.80 per share. The appropriate discount
Bill's Bakery has current earnings per share of $2.90. Current book value is $4.80 per share. The appropriate discount rate for Bill's Bakery is 10 percent. Calculate the share price for Bill's Bakery if earnings grow at 4.6 percent forever. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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