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1) Company AA reported EPS of $3.50 in 2022. You expect next year that EPS will increase by 20% next year (in 2023), followed by

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1) Company AA reported EPS of $3.50 in 2022. You expect next year that EPS will increase by 20% next year (in 2023), followed by an increase of 15% the following year (in 2024) and finally a 10\% increase in the third year (in 2025). You expect Company AA to sell at P/E multiple (ttm) of 14 in 2025. The dividend payout ratio is expected to be 25%. IF your required rate of return is 11%, what is you estimate of the intrinsic (fair market) value of AA today? IF the current stock price is $61.22 would you want to buy Stock AA today

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