Question $18$

An analyst gathered the following data about a company:

A historical dividend payout ratio of $40\%$ that is projected to continue into the future.

A sustainable return on equity of $10\%.$

Abeta of $1\mathrm{.}3.$

The nominal risk$-$free rate is $5\%.$

The expected market return is $10\%.$

If next year's EPS is $$2$ per share, what should be estimated price for this stock? $