Question: Item Consider the following information which relates to a given company: 2019 Value Earnings Per Share $6.52 Price Per Share (Common Stock) $40.83 Book Value

Item Consider the following information which relates to a given company: 2019 Value Earnings Per Share $6.52 Price Per Share (Common Stock) $40.83 Book Value (Common Stock Equity) $63.36 Total Common Stock Outstanding 2.15 Dividend Per Share $3.85 million million Analysts expect that the company could maintain a constant annual growth rate in dividends per share of 5.29% in the future, or possibly 7.03% for the next 2 years and 5.9% thereafter. In addition, it is expected that the risk of the firm, as measured by the risk premium on its stock, to increase immediately from 8.46% to 10.7%. Currently, the risk-free rate is 5.19%. Required: Determine the firm's current book value per share
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