Question: Solve dividends EPS and stock prices using the information that follows. Bravo Company just paid a dividend of $1.23. A growth rate for dividends is

 Solve dividends EPS and stock prices using the information that follows.
Bravo Company just paid a dividend of $1.23. A growth rate for

Solve dividends EPS and stock prices using the information that follows. Bravo Company just paid a dividend of $1.23. A growth rate for dividends is expected to be 18% over the next five years. The benchmark PE for this industry is 18. Bravo Company has a payout ratio of 30%. The required return is 14% What are the projected dividends for each of the next five years? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 12.34.) Year 1 Year 2 Year 3 Year 4 Year 5 What is the EPS in five years? (Do not round intermediate calculations and round your answer to 2 decimal places, e... 12.34.) EPS in 5 years What is the target stock price in five years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.34.) Stock price in 5 years What is the stock price today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 12.34.) Stock price today

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