Question: please help *show formula please* part (a) : Growth rate calculated is 14.11% (can check behind me in case im wrong) Problem 1: Apply Warren

Problem 1: Apply Warren Buffett's analysis, as described in Tbe New Buffettology, to the following data for La-Z-Boy, the king of reclining chairs. iii) a) Assume that La-Z-Boy's EPS will continue to grow over the next 10 years at the same rate as over the past ten years 19902000 (that is, using the growth rate calculated in (ii) above), what are the projected EPS in 2010? b) If La-Z-Boy is trading in 2010 at its average P/E natio over the last ten years of 15 , what will the stock price be by 2010 based on the projected EPS calculated in (iiia)? c) Given the calculated stock price in (iib) by 2010 and assuming you had spent $14 for a share of L-Z-Boy stock in 2000 , what would be the annual compounding return on this ten-year investment
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