Question: You received partial credit in the previous attempt View previous attempt Check my work Rick's Department Stores has had the following pattern of earnings per

 You received partial credit in the previous attempt View previous attempt
Check my work Rick's Department Stores has had the following pattern of

You received partial credit in the previous attempt View previous attempt Check my work Rick's Department Stores has had the following pattern of earnings per share over the last five years: Year 2exu 20XV 2exw 20xx 20xY Earnings per share $10.ee 10.60 11.24 11.91 12.62 The earnings per share have grown at a constant rate (on a rounded basis) and will continue to do so in the future. Dividends represent 40 percent of earnings a. Project earnings and dividends for the next year (20xz) (Do not round Intermediate calculations. Round the final answers to 2 decimal places.) Earnings Dividend 20xz $ 13.38 $ 5.35 And View previous attempt Check my work 28xx 2exy 11.91 12.62 The earnings per share have grown at a constant rate (on a rounded basis) and will continue to do so in the future Dividends represent 40 percent of earnings a. Project earnings and dividends for the next year (20x2). (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Earnings Dividend $ $ zexz 13.38 5.35 b. If the required rate of return is 13 percent, what is the anticipated share price at the beginning of 20XZ? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Anticipated stock price $ 76.32

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