Question: solve both questions and circle the answer for a thumbs up Next year, BHH Co. is expected to pay a dividend of $2.83 per share

solve both questions and circle the answer for a thumbs up

Next year, BHH Co. is expected to pay a dividend of $2.83 per share from earnings of $5. 17 per share. The equity cost of capital for BHH is 12.4%. What should BHH's forward P/E ratio be if its dividend growth rate is expected to be 3.7% for the foreseeable future? The forward P/E ratio is (Round to two decimal places.) GHL, Inc., has a dividend payout ratio of 45%. Its cost of equity is 11.4% and its dividend growth rate is 4.7%. If its forward EPS is $6.35, what is your estimate of its stock price? The price per share is $ (Round to the nearest cent.)

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