Question: PSUT E-learning Consider the following information which relates to a given company Item Earnings Per Share Price Per Share (Common Stock) Book Value (Common Stock
PSUT E-learning Consider the following information which relates to a given company Item Earnings Per Share Price Per Share (Common Stock) Book Value (Common Stock Equity) Total Common Stock Outstanding Dividend Per Share 2019 Value $6.5 $41.25 $57 eston Million Million $4.1 Analysts expect that the company could maintain a constant annual growth rate in dividends per share of 7% in the future, or possibly 9% for the next 2 years and 7% 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 8.3% to 11%. Currently, the risk-free rate is 6%. Required: (a) Determine the firm's current book value per share
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