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2 points The following information relates to Berkeley, Inc. Price/Share Industry average $75 Berkley, Inc. $81 Berkeley has a 10% ROE and pays out 30%

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2 points The following information relates to Berkeley, Inc. Price/Share Industry average $75 Berkley, Inc. $81 Berkeley has a 10% ROE and pays out 30% of its income as dividends. Compute the price-earnings (P-E) multiple for this industry. Earnings/Share $3.00 $2.90 Book Value/Share $15 $15 2 points Compute Berkeley's estimated share price based on the P-E multiple for its industry. 2 points Compute the price-book value (P-BV) multiple for this industry

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